When the price of chocolate-covered peanuts increases from $1.55 to $2.00, the quantity demanded decreases from 220 to 160. In this price range, the demand for chocolate-covered peanuts is , and total revenue will when the price increases. inelastic; increase inelastic; decrease elastic; increase elastic; decrease
Answers: 2
Another question on Business
Business, 21.06.2019 20:30
Agood for which demand increases as income rises is and a good for which demand increases as income falls is
Answers: 1
Business, 22.06.2019 02:00
True or false: a smart store layout moves customers in and out as fast as possible. a) true b) false
Answers: 2
Business, 22.06.2019 11:00
How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b
Answers: 1
Business, 22.06.2019 12:40
Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.
Answers: 3
You know the right answer?
When the price of chocolate-covered peanuts increases from $1.55 to $2.00, the quantity demanded dec...
Questions
Social Studies, 18.07.2019 20:00
Mathematics, 18.07.2019 20:00
History, 18.07.2019 20:00
Social Studies, 18.07.2019 20:00
Mathematics, 18.07.2019 20:00
Social Studies, 18.07.2019 20:00
History, 18.07.2019 20:00
Mathematics, 18.07.2019 20:00
Health, 18.07.2019 20:00
