In a franchising relationship

a. the franchisor is the principal
b. the agent is the franchisor
c. the franchisor is the agent
d. the principal is the franchisee

a

Economics

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A measure of the way a quantity supplied reacts to a change in price:

a. subsidy b. supply schedule c. law of supply d. elasticity of supply e. excise tax

Economics

A demand curve is a graphical representation of

A) consumer tastes. B) national income. C) the demand schedule. D) relative prices.

Economics