The calculated price elasticity of demand:
A. is always a negative number, although it is sometimes reported as an absolute value.
B. is sometimes negative and sometimes positive, depending on the magnitude of response.
C. is always a positive number, because price and quantity are directly related in terms of demand.
D. can be positive or negative, but is always reported as an absolute value.
A. is always a negative number, although it is sometimes reported as an absolute value.
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a. Franklin Roosevelt b. Ulysses S. Grant c. James Garfield d. Theodore Roosevelt
Affordability is a benefit of layering term life insurance policies.
Group of answer choices A. True B. False
Which of the following statements is always true?
A) Investment equals depreciation. B) Investment equals the capital stock minus depreciation. C) The capital stock is equal to investment minus depreciation. D) Any change in the capital stock is equal to investment minus depreciation. E) The increase in investment is equal to the capital stock minus depreciation.
Other things being equal, an increase in the prices of portable power banks leads to a decrease in the amount portable power banks that people purchase. This is known as
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