An electronic payments system has not completely replaced the paper payments system because of all of the following reasons EXCEPT
A) expensive equipment is necessary to set up the system.
B) security concerns.
C) privacy concerns.
D) transportation costs.
D
Economics
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Which of the following best describes the eclectic aggregate supply curve?
A. Horizontal until full employment is reached, and then it becomes vertical. B. Vertical at all output levels. C. First horizontal, then upward sloping, and finally vertical. D. Downward sloping.
Economics
Explain why the number of substitutes influences the price elasticity of demand
What will be an ideal response?
Economics