Price increases from 10 to 12 pence and the price elasticity of demand is -0.5 The quantity demanded was 500 units. What will it be now ?
A. 550 units
B. 500 units
C. 450 units
D. 490 units
A. 550 units
B. 500 units
C. 450 units
D. 490 units
A. monopolistically competitive firms
B. a cartel
C. perfectly competitive firms
D. a monopoly.
A. Baby company
B. Child company
C. Small holding
D. Subsidiary
A. people are greedy
B. productive resources are limited
C. human beings are inherently insecure
D. people are irrational
A. fixed amount of money per unit traded
B. a percentage of money per unit traded
C. a percentage of the quantity of imports
D. All of the above
A. cause foreign assemblers of computers to use more computer components that are supplied by countries other than the United States
B. Increase the Price of computers to consumers in the United States
C. Increase the Production of computers in the United States
D. Increase the production of computer components in the United States
A. the value of trade in merchandise
B. services
C. unilateral transfers
D. All of the above