The table below shows four alternative techniques for assembling a car. The cost of labor is $20 per hour, and the cost of capital is $10 per hour. Which of the four techniques for assembling a car is economically efficient?

The figure above illustrates a linear demand curve. If the price rises from $6 to $8 demand is ________ and if the price falls from $8 to $6 demand is ________

A) elastic; elastic B) elastic; inelastic C) inelastic; elastic D) inelastic; inelastic

In the context of terrorism, an example of self-protection would be

A. the airline industry increasing security. B. an insurance company buying reinsurance from the government. C. the airline industry buying terrorism insurance. D. an insurance company buying reinsurance from another insurance company.