To an economist, scarcity means that: a. resources are unlimited but people's desires are limited. b. a good is unavailable even at very high prices. c. at a zero price, the available quantity of a good is insufficient to meet people's wants. d. at the current market price, the amount available is less than the amount that people want and are willing to pay for. e. it is very time-consuming to find a good.

The sticky-price theory asserts that the output prices of some goods and services adjust slowly to changes in the price level. suppose firms announce the prices for their products in advance, based on an expected price level of 100 for the coming year. many of the firms sell their goods through catalogs and face high costs of reprinting if they change prices. the actual price level turns out to be 110. faced with high menu costs, the firms that rely on catalog sales choose not to adjust their prices. sales from catalogs will

Match the steps for conducting an informational interview with the tasks in each step.

Describe the three different ways the argument section of a cover letter can be formatted