What determines whether the buyer is satisfied or dissatisfied with a purchase? a. the relationship between the consumer's expectations and the product's perceived performance b. the relationship between the consumer's expectations and where the product was purchased c. the relationship between the consumer's expectations and how others evaluate the product d. the relationship between the price of the product and the product's perceived performance e. the relationship between the price of the product and the level of customer service provided?

One of the growers is excited by this advancement because now he can sell more crops, which he believes will increase revenue in this market. as an economics student, you can use elasticities to determine whether this change in price will lead to an increase or decrease in total revenue in this market. using the midpoint method, the price elasticity of demand for soybeans between the prices of $5 and $4 per bushel is , which means demand is between these two points. therefore, you would tell the grower that his claim is because total revenue will as a result of the technological advancement.