3 Quizzes for those who study economics: Can you...?

1-Can you state 3 factors that influence the price elasticity of supply of a product?

2-Can you give the reason why a firm's demand curve under perfect competition is horizontal?

3-What is the relationship between the velocity of circulation of money and the rate of aggregate saving?

Too tough? I don't think so. Try this quiz if you can and you'll find it exciting. Economics is a smart science.

3 Quizzes for those who study economics: Can you...?

my backups1,

1-

a) demand

b) availability

c) shelf life

2-they cut the pie chart incorrectly

3-the faster it goes, the quicker it returns - not to you - to others.

Happy economizing!

3 Quizzes for those who study economics: Can you...?

1. price, demand,

2. because supply always = demand in perfect competition

3. this one I'm clueless on.