If the demand for a good is unit elastic
A) a 5 percent increase in price results in a 5 percent increase in total revenue.
B) a 5 percent increase in price results in a 5 percent decrease in total revenue.
C) a 5 percent increase in price does not change total revenue.
D) the demand curve is a straight line with slope of -1.
Question 2
The U.S. fiscal policy implemented in 2008 was an attempt to
A) give billions of dollars to businesses and low- and middle-income Americans in order to stimulate business investment and consumption expenditure, and thereby increasing AD.
B) give billions of dollars to businesses and low- and middle-income Americans in order to stimulate business investment and consumption expenditure, and thereby increasing SAS.
C) decrease interest rates in order to stimulate business investment and consumption expenditure, and thereby increasing AD.
D) decrease the exchange rate in order to boost net exports, and thereby increasing AD.
Examples of the results of sexual selection, a type of natural selection.
(a) Feeding by bear on salmon results in large allochthonous inputs of nutrients into (b) the forest
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
The demand for cheap coal to generate electrical power is rising
Which of the following is not a unit factor related to a 10.0% aqueous solution
Your company advertises all prices on the menu board as a final price, including HST of 13%. A ...