At its most basic level, economic growth depends on

A) creating the right incentives.
B) saving by the government.
C) government leadershi

A

Economics

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Perfectly elastic demand curves are irrelevant, since real world demand curves are never perfectly elastic

a. True b. False

Economics

Which of the following statements is NOT true for a perfectly competitive firm?

A) A firm's demand curve is horizontal. B) The firm can influence its demand curve by advertising its product. C) The firm's demand curve is perfectly elastic. D) The market demand and supply curves determine the market price.

Economics