The side of the market that is more inelastic:
A. will bear more of the tax burden.
B. will bear less of the tax burden.
C. will share an equal amount of the tax burden.
D. determines whether to shoulder the majority of the tax burden or pass it on.
A. will bear more of the tax burden.
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In the above figure, between 5 and 10 units per hour, the firm experiences
A) economies of scale. B) diseconomies of scale. C) constant returns to scale. D) decreasing total fixed costs.
Classical economists
a. argued that the money supply determined aggregate demand. b. regarded monetary policy as unimportant since the quantity of money does not determine the price level. c. believed that the quantity of money influences interest rates and real wages. d. believed that prices would increase more than proportionate to an increase in the money supply.
Refer to the following computer output from estimating the parameters of the nonlinear modelY = aRbScTdThe computer output from the regression analysis is: 
Based on the info above, if R decreases by 10% (all other things constant), Y will
A. decrease by 4.66%. B. increase by 46.6%. C. increase by 4.66%. D. decrease by 46.6%.
Explain why for speculation, the purchase of an option may be more attractive than a futures contract or the outright purchase of the underlying asset.
What will be an ideal response?