If priced laser eye surgery falls by 50% and the quanity of contact lenses demand

falls by 40% find the cross elasticity of demand for these two goods

According to the theory of rational expectations, individuals will respond to expansionary monetary policy by: A. Predicting a lower rate of inflation B. Predicitng a higher rate of inflation C. predicting no change in the rate inflation D.

A foundry produces circular utility access hatches (manhole covers). currently, 120 covers are produced in a 10-hour shift. if labor productivity can be increased by 20%, it would then be:

Black markets may develop as a result of price controls because: individuals can profit by illegal exchanges. price controls increase efficiency. quantity demanded equals quantity supplied at the mandated price.

California Fishing Company (CFC) is expected to pay a dividend next year of $50 per share. Future Dividends for CFC are expected to grow at a rate of 5% per year indefinitely.

The terms of trade reflect the: a. rate at which gold exchanges internationally for any domestic currency. b. ratio at which nations will exchange two goods. c. fact that the gains from trade will be equally divided. d.

What is the current u. s. population? what is the current world population? considering those numbers, do you think the united states is in a population crisis? do we have enough land and resources to support a continuous increase in population?

Distinguish between individual and market demand for a commodity

What type of driver's license is class A

Amalgamation can be expressed as A+B+C=A True Or False ?

List and explain the four factors of production, stating their reward.