What does it mean to say that supply is unitary elastic? a. supply does not change with changes in priceb. supply is very sensitive to changes in pricec. the percentage change in price and in supply are the samed. a change in supply is observed only if price increases

Jennifer purchased a house in a brand new development in the outskirts of town. when her house was built, the nearest fire department was nearly 20 miles away. as her neighborhood developed, the density of the community called for a new fire department 1.5 miles away. what effect will the new fire station have on her homeowners insurance premium? a. a new fire department will be more demanding on local taxes. her annual premium will go up. b. the location of a fire department has no bearing on the value of her house. her annual premium will stay the same. c. the new fire department will reduce the risk of financial loss in her home. her annual premium should decrease. d. with a fire department so close (less than 5 miles), financial risk on jennifer’s home practically disappears. she will not need to pay insurance anymore.

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True or false payroll withholding includes income tax, social security tax, medicare tax as well as money you deduct for your retirement fund.