If a rise in the price of oranges from $7 to $9 a bushel increases the quantity of bushels supplied from 4,500 to 5,500 bushels, the
A) supply of oranges is elastic.
B) supply of oranges is inelastic.
C) demand for oranges is elastic.
D) demand for oranges is inelastic.
B
Economics
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Describe at least three ways that global capital markets are different today from what they were like in the late nineteenth century
What will be an ideal response?
Economics
Maury did not work last week because fire forced an evacuation of his workplace. The Bureau of Labor Statistics counts Maury as
a. unemployed and in the labor force. b. unemployed and not in the labor force. c. employed and in the labor force. d. employed and not in the labor force.
Economics