(Consider This) Since 1990, U.S. immigrants have founded ____ of every _____ public companies financed by venture capital

Which of the following could explain why the demand for table salt is inelastic?

A) Salt is a luxury for high-income consumers but a necessity for low-income consumers. B) Salt is a rare commodity. C) Salt is a luxury good. D) Households devote a very small portion of their income to salt purchases.

Which of the following would cause the equilibrium price of white bread to decrease and the equilibrium quantity of white bread to increase?

A) a decrease in the price of flour B) an increase in the price of rye bread, a substitute for white bread C) an increase in the price of butter, a complement for white bread D) an increase in the price of flour