Question
Empresa Bamboleo annually sells 1,000 units of a product when the price is $5 per unit and 1,250 units when the price per unit is
Empresa Bamboleo annually sells 1,000 units of a product when the price is $5 per unit and 1,250 units when the price per unit is $4. Given this information we can conclude that the demand for the product of Bamboleo is: Select one: A. Unitary B. Inelastic C. Perfectly elastic d. elastic The supply curve is increasing( positive slope) because the relationship between Select one: A. Price and supply is constant B. Price and quantity supplied is direct C. Price and offer is direct d. Price and supply is the reverse If the relationship between the price of Chinese (oranges) and the demand for mandarins is cirecta, we can conclude that Chinese and mandarins are products: Select one: A. Normal B. Lower C. Complementary D. Substitutes The marginal utility that is received from the consumption of a beer is the change that occurs in the total satisfaction one receives from beer. each time you consume an extra bottle or can of beer Select one: to. True b. False
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