Which of the Following Curves Is Most Inelastic

question 94

Essay

Which of the following curves is most inelastic?
A) the supply of land
B) the supply of labor for an individual worker
C) the supply of labor for all workers
D) the demand for capital
E) the demand for labor

• A) the supply of land
• B) the supply of labor for an individual worker
• C) the supply of labor for all workers
• D) the demand for capital
• E) the demand for labor

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Definitions:

Energy-efficiency

The goal or method of reducing the amount of energy required to provide products and services.

Ecologically Sustainable

Practices and processes that preserve environmental resources for future generations while meeting current needs.

Renewable Energy

Energy from resources that are naturally replenishing, such as solar, wind, water, and geothermal heat.

Short-termism

The concentration on short-term projects or objectives for immediate profit at the expense of long-term security.