I would say A.
but C would be my second guess
Answer: approximately nearer at the point where x=3 and y =4 So (3,4) is the point where most equal number are produced
Explanation:
Given is a graph showing the salads produced on x axis and sandwiches produced on y axis.
The straight line ABCDEF shows the points on the straight line and Y is below the line and X is above the line.
On the line there is no point where x=y exactly.
But approximately nearer at the point where x=3 and y =4 So (3,4) is the point where most equal number are produced
2) Y is below the line meaning that resources are not utilized effectively
3) X is not possible as it is beyond the firm's capacity level shown by line ABCDEF.
The correct answer is B "The price of chocolate has gone up and sales are down". Price sensitivity is the effect the price of a product causes in its demand towards consumers. It is also called price elasticity of demand. A simple example is when the price of a good goes up, its sales go down. It means the consumers are not willing to pay more for that product. This is the case of option B. The price of chocolate increased and made the sales decrease.
I believe it’s Page 24 or that’s what it is in my book
They produced wheat, barley, and peas.
