Author Question: The branch of economics which studies the behavior of entire economies is called A) public ... (Read 86 times)

deesands

  • Hero Member
  • *****
  • Posts: 514
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

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library