🏷️ LIMITED TIME OFFER: GET 20% OFF GRADE+ YEARLY SUBSCRIPTION →

HomeClass Notes1,200,000US530,000

ECON 1311 Lecture : Note_Mar_15_2022_9_57_30_AM

58 views2 pages

4 Apr 2022

School

Trinity University

Department

Course

Professor

For unlimited access to Class Notes, a Class+ subscription is required.

Related Documents

ECON 10010 Midterm: Principles of Microeconomics: Cheat Sheet Exam II

greengoldfish867

ECO 1104 Study Guide - Midterm Guide: Pigovian Tax, Deadweight Loss, Laffer Curve

ceruleanhedgehog860

Related Questions

A price floor will create the largest surplus when:

A. both supply and demand are inelastic

B. both supply and demand are elastic

C. supply is elastic, and demand is inelastic

D. supply is inelastic and demand is elastic

aquamarinedonkey763

A decrease in supply will cause the largest increase in price when

both supply and demand are inelastic
both supply and demand are elastic
demand is elastic and supply is inelastic
demand is inelastic and supply is elastic

periwinkleelephant458

In the market for oil in the short run, what are demand and supply?

a. both elastic

b. both inelastic

c. demand is elastic, and supply is inelastic

d. demand is inelastic, and supply is elastic

azurearmadillo867