Explain whether the supplies of the following goods are elastic or inelastic? and why?
-hotel rooms
-taxi rides
-photographs
give examples of a fixed cost and variable cost of a bakery.
how does a firm or business calculate marginal cost?

Identify how the virginia declaration of rights lead to an expansion of civil rights both in the states of virginia and, later in the entire united states

If there were no system of checks and balance,the process of government would eventually fall apart. do you agree with this opinion? why or why not?

Why would nations in latin america be part of a mostly arab cartel group known as opec? a) latin america refused to do business with countries that were not part of opec. eliminate b) natural resources such as oil are a major economic development for some latin american countries. c) latin america has a long history of distrust of the united states and fears a take-over of oil fields. d) latin american nations such as venezuela needed in getting natural resources to other parts of the world. 15