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In Unix-like operating systems, there is both a API library function named read(), and asystem call referred to as read in the Unix documentation. However, Unix system calls do notactually have names like a library function does.
a. How is the Unix system call read actually invoked?
b. Why are Unix system calls invoked this way?
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Suppose the equilibrium price in the market is $24 and the price elasticity of demand for the linear demand function at the market equilibrium is 1.5. Then we know that: A. demand is inelastic. B. marginal revenue is $8.
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Suppose that over a range of prices, the price elasticity of demand varies from 15.0 to 2.5. Over another range of prices, the price elasticity of demand varies from 1.5 to 0.75. What can you say about total revenue and the total revenue curve
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