Author Question: The branch of economics which studies the behavior of entire economies is called A) public ... (Read 35 times)

deesands

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The branch of economics which studies the behavior of entire economies is called
 
  A) public economics. B) macroeconomics.
  C) microeconomics. D) normative economics.

Question 2

If firms do not increase their quantity supplied when price changes, then supply is
 
  A) elastic. B) perfectly inelastic. C) relatively inelastic. D) perfectly elastic.


mcarey591

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Answer to Question 1

B

Answer to Question 2

B



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