Elastic demand
Inelastic demand
Negative demand
Positive demand
Unitary demand
Correct answer is B
No explanation has been provided for this answer.
Capitalism
Communism
Socialism
Traditionalism
Welfarism
Correct answer is A
Capitalism is an economic system in which private individuals or businesses own capital goods, and decide what and how to produce goods.
Long-run in economic mean a period of time in which
All factor inputs are not being used
All factor inputs are variable
All factor inputs are fixed
Only few factor inputs are variable
Firms are not producing at all
Correct answer is B
No explanation has been provided for this answer.
Demand curve
Indifference curve
Opportunity curve
Utility curve
Supply curve
Correct answer is B
No explanation has been provided for this answer.
0.5
0.8
1
1.5
1.8
Correct answer is B
No explanation has been provided for this answer.