Suppose the value of the price elasticity of supply is 4. what does this mean? a 1 percent increase in the price of the good causes the supply curve to shift upward by 4 percent. a 4 percent increase in the price of the good causes quantity supplied to increase by 1 percent. for every $1 increase in price, quantity supplied increases by 4 units. a 1 percent increase in the price of the good causes quantity supplied to increase by 4 percent.

Which is the correct expansion of the term internet? a. internetwork b. institutional network c. instructional network d. international network

Actual usage for the year by the marketing department was 70,000 copies and by the operations department was 330,000 copies. if a dual-rate cost-allocation method is used, what amount of copying facility costs will be budgeted for the operations department?

Florence invested in a factory requiring. federally-mandated reductions in carbon emissions. how will this impact florence as the factory's owner? a. her factory will be worth less once the upgrades are complete. b. her factory will likely be bought by the epa. c. florence will have to invest a large amount of capital to update the factory for little financial gain. d. florence will have to invest a large amount of capital to update the factory for a large financial gain.