The lower Sunday and Saturday prices also result from the ability __________________ has given airlines to throw discounts in front of consumers at any time.
Fill in the blank(s) with the appropriate word(s).
Ans: social media
Economics
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Usually, the shape of a firm's total variable cost curve primarily reflects the cost of
a. labor b. taxes c. energy d. depreciation e. raw materials
Economics
Refer to the information provided in Figure 5.2 below to answer the question(s) that follow.
?Figure 5.2Refer to Figure 5.2. If the price of a hamburger decreases from $6 to $2, the price elasticity of demand equals ________. Use the midpoint formula.
A. -0.25 B. -0.5 C. -2.0 D. -4.0
Economics