Based on the following measures, what is the most likely acid-base diagnosis? pH = 7.68 PCO2  = 14 mm Hg HCO3 = 16.3 mEq/L

Running shoes are more likely to be inelastically supplied than shoes.

Consider the two graphs below. Suppose the government gives a subsidy. Then the price cut for buyers would be bigger in the left graph, than in the right graph.  

The elasticities of demand and supply for the market for sugar are  Ed = ‒1.4 Es = 0.6. What will happen to the price of sugar if demand rises by 20%?

Which of the following is true if the quantity of laundry detergent supplied exceeds the quantity of laundry detergent demanded?

If the price in a market is above the equilibrium price, this creates a surplus.

Using the following diagram, use the wedge shortcut to answer the question: If a tax of $3 were imposed, what price would buyers pay? (Write just the number, no dollar sign.)? 

If the elasticity of demand for ballpoint pens is −0.1, and the price of ballpoint pens increases by 10%, quantity demanded will fall by 2%.

The demand curves below are labeled A, B, and C. If one of them is the demand for green beans and another is the demand for vegetables, then the demand for green beans is A. 

When supply falls, quantity demanded rise in equilibrium.