Human capital is increased when a firm makes investments that raise workers' productivity.

Other things being equal, the lower the value of elasticity:

A. the more likely the profitability of a price increase. B. the less likely the profitability of a price increase. C. the greater the responsiveness in quantity demanded to a price change. D. the lower the corresponding increase in firm revenue.

A free good is one that can be acquired without sacrifice.

a. true b. false