If the elasticity of demand for a good at a certain price is greater than one, we describe demand as _____.

To acquire financial capital, a firm can

i. obtain a loan from a bank. ii. issue stock. iii. issue bonds. A) i, ii, and iii B) i and iii C) i only D) iii only E) ii only

Which of the following would most likely increase the supply of college textbooks?

a. five major publishers go out of business b. paper costs double c. the wage rate of printers increases d. producers expect the price to rise in the future e. technology of book production improves