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Economics

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Bailee Schulist

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Cards in this guide (13)
What did the US Supreme Court rule in Furman v Georgia

In Furman vs. Georgia the court ruled that all existing death penalty laws violated the constitution.

V-cube 7 or megaminx

megaminx

What are the types of supply elasticity
Types of elasticity of supply

1) Perfectly elastic supply

2) Relative elastic supply

3) Unitary elastic supply

4) Relatively in elastic supply

5) Perfectly in elastic supply

What is deciding whether to do or use one additional unit of some resource

Thinking at the margin... i think

What is the purpose of public disclosure laws

describe the value of public disclosure

How does the price range affect the elasticity of demand for a product

Demand for a good can be elastic at a low price but inelastic at a high price.

YouRE VERY WULCOM

novanet ANSWER =)

Which of the following does a government provide as part of a safety net for people

Unemployment compensation

What protections does OSHA give to people in the United states

Regulations on workplace safety

What is the income people receive for supplying factors of production such as land labor or capital called

They are called factor payments.

What was not a priority of soviet planners

luxury items for consumers

Which of the following is a social and political philosophy based on the belief that democratic means should be used to evenly distribute wealth throughout a society

Socialism

The term normal goods refers to what kind of goods

Goods that consumers demand more of when their incomes increase

As the price of a slice of pizza increases would most likely happens to the quantity demand it

Ashley will buy two fewer slices of pizza.

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