If the demand curve for oranges is a downward sloping straight ...

[erika]

If the demand curve for oranges is a downward sloping straight line, the price elasticity of demand will increase the
 
  A) higher the price of oranges.
  B) higher the price of other fruits.
  C) higher the income level of consumers.
  D) lower the price of oranges.

Question 2

Based on the table, what is the marginal social benefit from the 45th slice of pizza?
 
  A) 3.50
  B) 3.25
  C) 0.50
  D) 9

[JaynaD87]

Answer to Question 1

A

Answer to Question 2

You are a life saver.

[erika]

Thanks for the timely response, appreciate it

[rachel]

Great answer, keep it coming