Author Question: In the non recourse loan, the loan rate is the interest rate on the loan. Indicate whether the ... (Read 144 times)

skymedlock · **on:** Jul 22, 2018

In the non recourse loan, the loan rate is the interest rate on the loan.

Indicate whether the statement is true or false

Question 2

The price elasticity of supply:

a. Is always positive.
b. May be positive or negative.
c. Is positive in developed countries but negative in developing countries.
d. Is positive in developed countries but may be positive or negative in developing countries.
e. b and d above.