If the quantity supplied of candy increases by 1% when the price of candy increases by 5%, which of the following is TRUE? A. Supply for candy is inelastic, and price elasticity of supply = 2.0. B. Supply for candy is inelastic, and price elasticity of supply = 0.2. C. Supply for candy is elastic, and price elasticity of supply = 2.0. D. Supply for candy is elastic, and price elasticity of supply = 0.2.

Complete the sentences. upper a decrease in current income taxes the supply of loanable funds today because it a. decreases; increases disposable income, which decreases saving b. has no effect on; doesn't change expected future disposable income c. decreases; decreases expected future disposable income d. increases; increases disposable income, which encourages greater saving upper a decrease in expected future income a. increases the supply of loanable funds today because households with smaller expected future income will save more today b. has no effect on the supply of loanable funds c. decreases the supply of loanable funds because it decreases wealth d. decreases the supply of loanable funds today because households with smaller expected future income will save less today

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket

Which of the following statements about revision is most accurate? (a) you must compose first drafts quickly (sprint writing) and return later for editing. (b) careful writers always revise as they write. (c) revision is required for only long and complex business documents. (d) some business writers prefer to compose first drafts quickly and revise later; others prefer to revise as they go.