The health care industry encompasses the following sectors, except:

A. Medical laboratories

B. Nursing homes

C. Nonprescription drugs

D. Health clubs

D. Health clubs

Economics

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A tavern is likely to have a ______________________ price elasticity of supply than does an antiques dealer due to ______________________.

A. more elastic; availability of inputs B. less elastic; availability of inputs C. less elastic; a longer adjustment time D. less elastic; a shorter adjustment time

Economics

Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, as the economy moves from Point D to Point B, the opportunity cost of hybrid cars, measured in terms of motorcycles,

A. initially increases, then decreases. B. increases. C. remains constant. D. decreases.

Economics