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Correct Answer: A) Inelastic.
Correct Answer: D) Let.
Correct Answer: B) Marginal Revenue.
Correct Answer: B) Resources will always be finite.
Correct Answer: B) Global manufacturing Hub.
Correct Answer: C) Profit.
Correct Answer: D) All of the above.
Correct Answer: D) Minimizing costs associated with maintaining inventory.
Correct Answer: A) Market.
Correct Answer: D) Cut Royong.
Correct Answer: C) Adam Smith.
Correct Answer: C) To learn how to deal with scarcity.
Correct Answer: B) Perishable.
Correct Answer: B) Price and quantity of a commodity.
Correct Answer: A) Complete enumeration.
Correct Answer: B) Individual Variables.
Correct Answer: B) True.
Correct Answer: D) People moving to cities for work.
Correct Answer: A) False.
Correct Answer: D) $864.40.
Correct Answer: A) The same as if it were served by a monopoly.
Correct Answer: A) Non-Performing Assets.
Correct Answer: D) A goal that seek to improve the business not based around financial gain.