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Leno4ka [110]
3 years ago
9

In Country A, the price of wheat has increased greatly over the past year. Because of this change, farmers in Country A are plan

ning to grow more wheat in the next few years. In the sample scenario, what does this mean about the elasticity of wheat in relation to supply? Wheat is relatively inelastic. Wheat is elastic. Wheat is inelastic. Wheat is relatively elastic.
Business
2 answers:
beks73 [17]3 years ago
6 0

Answer:

A

Explanation:

Just got the answer on edge

Dominik [7]3 years ago
5 0

A: Wheat is relatively inelastic

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In a perfectly competitive industry, the short-run supply curve for the market is the:
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Answer:

b. marginal cost curve above the average variable cost curve.

Explanation:

A perfect competitive indsutry is a characterised by many firms selling homogenous goods and services. Firms are price takers and there are no barriers to entry or exit of firms in the industry.

The supply curve of a perfectly competitive firm in the short run is the part of the marginal cost curve that lies above the average variable cost curve.

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Assume that you manage a risky portfolio with an expected rate of return of 17% and a standard deviation of 27%. The T-bill rate
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Answer:

Consider the following calculations

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A,B,C

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