Business, 06.12.2019 02:31 allisonlillian
If the demand function for orange juice is expressed as q = 2000 - 500p, where q is quantity in gallons and p is price per gallon measured in dollars, then the demand for orange juice has a unitary elasticity when price equals
a) $0.
b) $1.
c) $2.
d) $4.
Answers: 2
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In the united states, one worker can produce 10 tons of steel per day or 20 tons of chemicals per day. in the united kingdom, one worker can produce 5 tons of steel per day or 15 tons of chemicals per day. the united kingdom has a comparative advantage in the production of:
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Answers: 1
If the demand function for orange juice is expressed as q = 2000 - 500p, where q is quantity in gall...
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