Using the graph, complete the table that follows by indicating whether each statement is true or false. Statement True False Between points A and C, curve MM is inelastic. Curve MM is less elastic between points A and C than curve NN is between points A and D. Between points A and B, curve LL is perfectly inelastic.

a. True.
b. False.

The blank is type of decision-maker who over analyzes information

Your subscription to investing wisely weekly is about to expire. you plan to subscribe to the magazine for the rest of your life, and you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $620, also payable immediately. assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?

You are looking at a one-year loan of $16,500. the interest rate is quoted as 8.7 percent plus two points. a point on a loan is 1 percent (one percentage point) of the loan amount. quotes similar to this one are common with home mortgages. the interest rate quotation in this example requires the borrower to pay two points to the lender up front and repay the loan later with 8.7 percent interest. what rate would you actually be paying here?