If the numerical value of the price elasticity of demand is 3, then a one-percent change in price will cause a(n) Group of answer choices larger percentage change in quantity demanded, so demand is elastic larger percentage change in quantity demanded, so demand is inelastic smaller percentage change in quantity demanded, so demand is elastic smaller percentage change in quantity demanded, so demand is inelastic equal percentage change in quantity demand, so demand is unitary elastic

Select the correct answer the smith family adopted a child. the adoption procedure took about three months, and the family incurred various expenses. will the smiths receive and financial benefit for the taxable year? a) they will not receive any financial benefit for adopting the child b) their income tax component will decrease c) they will receive childcare grants d) they will receive a tax credit for the cost borne for adopting the child e) they will receive several tax deductions

Health insurance protects you if you experience any of the following except: a: if you have to be hospitalized b: if you damage someone's property c: if you need to visit a clinic d: if you can't work because of illness

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.