The secondary supply of copper is:
A equally elastic in the short run and in the long run.
B unit elastic in the short run and perfectly elastic in the long run.
C more elastic in the short run than in the long run.
D less elastic in the short run than in the long run.
C more elastic in the short run than in the long run.
Economics
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Which of the following is not an advantage of starting a new business as a proprietorship?
A) The owner has complete control over the business. B) A proprietorship has few government rules and regulations to comply with. C) Business profits are only taxed once, not twice. D) A proprietorship can easily attain additional funding.
Economics
In the United States, union wages are about ______ percent higher than nonunion wages.
a. 1 b. 5 c. 15 d. 50
Economics