Read this excerpt from a Wall Street Journal article (Sept 29, 2016): “OPEC members agreed that they need to cut crude oil output to reduce the world’s supply. . . . This was enough to send oil prices higher even though reaching a deal remains far from certain.” What statement best fits what we can assume based on the article excerpt?
Read DetailsAssume that the demand and supply schedules for brussels sprouts (aside: an especially noxious vegetable unless cooked with lots of bacon!) are given in the following table: Demand and Supply for Brussels Sprouts Price of Brussels Sprouts ($/lb) Quantity Demanded (million lbs) Quantity Supplied (million lbs) .40 100 15 .60 80 35 .80 70 50 1.00 62 62 1.20 55 74 1.40 49 86 1.60 45 100 1.80 42 115 2.00 40 140 At the market equilibrium price, the elasticity of demand is ________.
Read DetailsQuick Selection Tool quickly “paints” a selection using an adjustable round brush edge. As you drag the quick selection tool across your image, the selection expands outward. This tool automatically finds and follows defined edges in the image.
Read DetailsRefine Edge (now known as Select and Mask) does not allow you to modify the edge of a selection with ease and flexibility. Within the Refine Edge pop-up window you are not able to see the selection against different backgrounds when editing to improve the quality.
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