<span>The demand for gold toe socks is likely to be more elastic than the demand for power tools because, generally speaking, power tools would be a bit more expensive than gold toe socks would be, and they also may have more substitutes than power tools would have.</span>
Answer:
See explanation section
Explanation:
The primary role of the banking system is to accept deposits from the general public so that the money can be given as a loan to the public in an effective way to foster the economy. It is the safest platform where people keep their money to get a bonus while people borrow money to continue operating.
Answer:
A) 500 = 2F + 100S.
Explanation:
A budget constraint represents all the combinations of goods and services that can be purchased by a consumer given price and income.
I hope my answer helps you.