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Author Question: The price elasticity of demand equals the slope of the demand curve. Indicate whether the ... (Read 213 times)

joe

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on: Jun 29, 2018
The price elasticity of demand equals the slope of the demand curve.
 
  Indicate whether the statement is true or false

Question 2

One way to overcome the problem of the commons is to
 
  A) assign property rights so that someone owns the resource.
  B) take away property rights so that no one owns the resource.
  C) leave the market alone because the market will reach an equilibrium in which the efficient amount of the resource is used.
  D) None of the above answers is correct.


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amandalm

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


joe

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Reply #2 on: Jun 29, 2018
Thank you


amandalm

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Reply #3 on: Jun 29, 2018
No problemo


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