If a 5 percent increase in the price results in a 9 percent increase in quantity supplied, the elasticity of supply is
A) 0.30.
B) 0.55.
C) 1.20.
D) 1.80.
D
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What will be an ideal response?
If the real gross domestic product (GDP) is $5 trillion for a particular year and the GDP price index is 140, then the nominal GDP is $7 trillion
a. True b. False Indicate whether the statement is true or false
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Answer the following statement true (T) or false (F)
Laws that prohibit collective bargaining agreements requiring a worker to join a union as a condition of employment are called
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