Amber Crombie is a stay-at-home mom while her husband Fitch works two jobs. What can we clearly conclude?

A) Amber Crombie is unemployed.
B) Fitch is employed.
C) Amber Crombie is exploited.
D) Fitch is exploited.
E) All of the above are true.

B

Economics

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When firms are said to be price takers, it implies that if a firm raises its price,

a. buyers will go elsewhere. b. buyers will pay the higher price in the short run. c. competitors will also raise their prices. d. firms in the industry will exercise market power.

Economics

The Standard amp; Poor's 500 Index differs from the DJIA in at least two major respects. What are the two major differences?

What will be an ideal response?

Economics