If the Price Elasticity of Supply Is 0

question 20

Multiple Choice

If the price elasticity of supply is 0.8,and price increased by 5%,quantity supplied would

• A)increase by 4%.
• B)increase by 6.25%.
• C)decrease by 4%.
• D)decrease by 6.25%.

Comprehend the conditions that permit closed meetings within federal administrative agencies.

Identify the procedures and obligations of administrative agencies in rulemaking, including handling objections.

Recognize the components and processes involved in an administrative hearing.

Know the actions that an administrative agency can take if a regulation violation occurs and the typical resolutions.