Which of the Following Statements Is Correct

question 104

Multiple Choice

Which of the following statements is correct?

• A) If the elasticity of demand is greater than the elasticity of supply, sellers will receive more of the subsidy.
• B) If the elasticity of demand is greater than the elasticity of supply, sellers will receive less of the subsidy.
• C) If the elasticity of demand is less than the elasticity of supply, sellers will receive more of the subsidy.
• D) If the elasticity of demand is greater than the elasticity of supply, buyers will receive more of the subsidy.

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Definitions:

Location-Based Social Networking

Social media platforms that use geographical data to connect users, suggest activities, or provide content relevant to their current location.

Business Communication

The exchange of information among individuals both inside and outside an organization, conducted for the organization's commercial advantage.

Emoticons

Text-based symbols used to express emotions or sentiments in digital communications, predating modern emojis.

Business Communication

The sharing of information between people within an organization and with those outside it, conducted for commercial benefits and goals.