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Author Question: At a price of 4.99 per bottle the same amount of money was spent on a particular brand of wine as ... (Read 63 times)

daltonest1984

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on: May 25, 2020

Question 1

The owner of a local hot dog stand has estimated that if she lowers the price of hot dogs from to she will increase sales from 400 to 500 hot dogs per day. The demand for hot dogs is
◦ elastic.
◦ unitarily elastic.
◦ inelastic.
◦ perfectly elastic.

Question 2

At a price of £4.99 per bottle the same amount of money was spent on a particular brand of wine as when the price was Therefore demand for this wine is
◦ elastic.
◦ unitarily elastic.
◦ perfectly inelastic.
◦ inelastic.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by daltonest1984 on May 25, 2020

abctaiwan

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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daltonest1984

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Reply 2 on: May 25, 2020
Excellent

cam1229

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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