The Canadian government has provided export assistance to Bombardier Inc. with its Technology Transfer Program. Is this consistent with the principles of a free market system? Explain how this might distort the syste

The total supply of the factor of production "earth" is perfectly inelastic. This is a statement:Response option group True False

Please help; I'm confused on this one. I got d as my answer, but I feel the correct answer should be (C), an increase in supply since the marginal cost is being increased due to work safety regulations.

The market research department of EZPub estimated that 5,000 textbooks would be purchased in Canada at a price of $100.00 each. As it turned out, the Canadian demand was 6,000. The company is in a(n) ________ condition.   options:   A)  growth   B)  surplus   C)  shortage   D)  inflation   E)  depression