In 2011, Netflix raised prices on its DVDs and internet streaming plan. The Reed Hastings, CEO of Netflix, believes
a. Netflix is an industry leader thereby making the demand curve inelastic
b. Netflix is an industry leader thereby making the demand curve elastic
c. People are willing to pay more for the good
d. There are many substitutes to Netflix's products
a
Economics
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Explain the differences between "human capital," "financial capital," and "capital."
What will be an ideal response?
Economics
Commercial banks are financial intermediaries, as are ________
A) household savers B) state and local governments C) insurance companies D) organized exchanges
Economics