Amanufacturer produces 1,000 units, regardless of the market price. for this firm, the price elasticity of supply is

Zero.

Price elasticity of supply is a measure of how much supply changes in response to a change in price. Since this company doesn't change their supply at all depending on the price, their elasticity of supply is zero.

false. insurance companies differ from the pricing to the different deals you can get.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy