Why is wage and price flexibility an important assumption of the classical model? flexible wages and prices allow business firms to fool their workers through the money illusion. flexible wages and prices allow markets to reach equilibrium. flexible wages and prices guarantee that there will be no scarcity. flexible wages and prices allow business firms to fool their customers through the money illusion.

Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.