Although most large firms in the United States offer their employees health insurance, fewer than two-thirds accept it

If the quantity supplied and the price change by the same percentage, then supply is

A) elastic. B) inelastic. C) unit elastic. D) perfectly elastic. E) perfectly inelastic.

Total revenue equals

a. price x quantity. b. price/quantity. c. (price x quantity) - total cost. d. output - input.