A production quota is ______ because at the quantity produced ______.

A rise in mpc makes the total expenditures (te) curve __________ and __________ the multiplier.

All of these statements are characteristic of vzv infections except __________.

In a competitive market equilibrium the ________ equals the ________ of the last unit sold.

If demand is inelastic, a price ________ causes ________ in total revenue.

If people have ______ income, they will purchase more of an "inferior"good.

The measure of the sensitivity of the quantity supplied to changes in the price of a good is called

The measure of the responsiveness of quantity demanded to a change in price is known as

Inelastic can describe as

The percentage change in demand divided by the percentage change in consumers’ income is called

Elastic can be described as