When the price of a burrito increases from $2 to $4, the quantity demanded decreases from 50 to 40. using the midpoint method, the price elasticity of demand equals: . 2.b. 1/2.c. 3.d. 1/3.e. 1.

the answer would be voluntary exchange -

"the act of buyers and sellers freely and willingly engaging in market transactions. moreover, transactions are made in such a way that both the buyer and the seller are better off after the exchange than before it occurred."

hope this : )

-shy

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

c). housing, savings, and food and d). housing, food, and transportation. i hope this is good luck on the rest of your work.