The supply of antiques is highly inelastic so increases in demand have a large effect on increases in price.

Answer the following statement true (T) or false (F)

True

Economics

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When there are three or more options, plurality-rule voting does a good job of capturing the preferences of voters

Indicate whether the statement is true or false

Economics

Using the data in the table above, gross domestic product equals

A) $1,920. B) $1,940. C) $2,150. D) $2,400.

Economics