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Author Question: From a normative perspective, the role of the budgeting process is to allocate scarce resources to ... (Read 44 times)

lilldybug07

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on: Jul 1, 2018
From a normative perspective, the role of the budgeting process is to allocate scarce resources to their most highly valued uses.
 
  a. True b. False

Question 2

If the demand curve for comic books is expressed as Q = 10,000/p, then demand has a unitary elasticity
 
  A) only when p = 10,000.
  B) only when p = 100.
  C) always.
  D) never.


asdfasdf

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Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

C


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