4. Which of the following will NOT affect the price elasticity of demand for frozen peas? A The availability of substitutes. B The price in relationship to consumer incomes. C The perishability of...


4. Which of the following will NOT affect the price elasticity of demand for frozen peas?<br>A The availability of substitutes.<br>B The price in relationship to consumer incomes.<br>C The perishability of frozen peas.<br>D The availability of raw vegetables.<br>5. Macroeconomics is the study of:<br>A Economy-wide phenomena.<br>B Choices individual consumers make.<br>C Consumption and production decisions consumers and firms take.<br>D How firms maximise profit.<br>

Extracted text: 4. Which of the following will NOT affect the price elasticity of demand for frozen peas? A The availability of substitutes. B The price in relationship to consumer incomes. C The perishability of frozen peas. D The availability of raw vegetables. 5. Macroeconomics is the study of: A Economy-wide phenomena. B Choices individual consumers make. C Consumption and production decisions consumers and firms take. D How firms maximise profit.

Jun 09, 2022
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