The market system's answer to the fundamental question "How will the system promote progress?" is essentially

The revenues of a company increased by 39% in year one and decreased 22% in year two. what is the overall change over the two-year period?

Turtle corporation produces and sells a single product. data concerning that product appear below: per unit percent of sales selling price $ 150 100 % variable expenses 75 50 % contribution margin $ 75 50 % the company is currently selling 5,600 units per month. fixed expenses are $194,000 per month. the marketing manager believes that a $5,300 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales. what should be the overall effect on the company's monthly net operating income of this change?

Because the demand for wheat tends to be inelastic. true or false