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KatRina [158]
3 years ago
13

Explain why the demand for a particular brand of apple juice is elastic.

Business
1 answer:
aniked [119]3 years ago
6 0
Elastic demand that can also be called demand elasticity refers to how responsive the demand for this brand of apple juice is by change of prices and consumer income. if they sell out a higher amount of apple juice from customers than usual, then they’d probably sell it for a higher price.
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Suppose that the last dollar that Victoria receives as income brings her a marginal utility of 10 utils while the last dollar th
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Answer:

a, Redistribute income from Victoria to Fredrick.

Explanation:

Marginal Utility is defined as the "change in the utility from an increase in the consumption of that good or service." According to my research on marginal utility, I can say that based on the information provided within the question we should Redistribute income from Victoria to Fredrick in order to maximize the combined total utility.

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5 0
3 years ago
Pedregon Corporation has provided the following information:
Ulleksa [173]

Answer:

$22,750

Explanation:

Data provided

Fixed manufacturing overhead = $16,500

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= $22,750

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3 years ago
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DaniilM [7]

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marginally attached staff and​ part-time staff that hope on getting​ full-time jobs

6 0
3 years ago
Consumers are limited in the total utility that they can gain from buying products because they have limited
Cloud [144]

Answer: income i think

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3 years ago
S&L Computer services has separate divisions to focus on the needs of individual consumers, small businesses, and large busi
prisoha [69]

Answer:

Letter c is correct. <u>Customer.</u>

Explanation:

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