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Author Question: What are some of the issues that economists have to worry about when studying developing nations ... (Read 41 times)

corkyiscool3328

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on: Jun 29, 2018
What are some of the issues that economists have to worry about when studying developing nations that are very different from those of advanced industrialized nations?
 
  What will be an ideal response?

Question 2

A service station owner in Staten Island, New York, was worried that raising the price of gasoline would cause the quantity demanded to fall by so much that he would be in a worse situation than if he did not raise the price.
 
  If raising the price of gasoline would cause the owner to receive less total revenue from the sale of gasoline, the demand for gasoline is
  A) inelastic. B) elastic. C) unit elastic. D) perfectly inelastic.
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IRincones

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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corkyiscool3328

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Reply #2 on: Jun 29, 2018
Thank you :)


IRincones

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Reply #3 on: Jun 29, 2018
Happy to help you


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