Flour is an ingredient used to make kolaches, but is not used to make queso. Which of these graphs shows what happens when the availability of flour increases? Choose 1 answer: Kolaches Kolaches Kolaches Kolaches PPC₂ PPC₁ PPC₁ PPC₁ Queso PPC TH PPC₂ PPC₂ Queso PPC₂ Queso PPC₁ Queso
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- 12. Margarette Tire shop simulated the following data below. How much is his expected dailydemand? Demand for Tires Frequency0 101 202 403 604 405 30A rise in the price of a crate of Pepsi from USD 20 to USD 30 results in a fall in the quantity of crate of Pepsi demanded from 220 million to 180 million a day and at today’s price of a Coca-Cola, USD 15, the quantity of Coca-Cola demanded increases from 80 million to 100 million a day. Kindly Answer ONLY (d) a). Calculate the percentage change in the price of a crate of Pepsi and the percentage change in the quantity demanded of Pepsi. Use the average price and average quantity.b). Calculate the price elasticity of demand for Pepsi. c). Is the demand for Pepsi elastic or inelastic? Explain please d). Calculate and explain the cross elasticity of demand for Coca-cola with respect to the price of a Pepsi.6T Demand for Milk in Smalltown IISA Fill in the Blank Question Refer to the graph as shown. If the price of milk is $2 per gallon, then th consumers would be willing to purchase gall of milk per day. (Enter a number in the blank.) Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
- What is the area of the blue triangle shown in the figure? The area of the triangle S (Enter your response as a whole number). 1.75 1.25 Demand 175000 200000 Quantity of Pepsi (bottes per week)With this graph given, What are the implications of this to both the sellers and the consumers?The graph below shows the demand for electricity in England during typical days in winter and summer. The pie chart shows how electricity is used in an average English home. Summarise the information by selecting and reporting the main features and make comparisons where relevant. Figure 1 Typical Daily Demand of Electricity 50000 40000 30000 Winter Summer 20000 10000 o hrs 3 6. 12 15 18 21 24 Different hours of a day Figure 2 What the electricity is used for I Heating room, Heating 15% water 15% 1Ovens, Kett les, Washing 52% Machines 18% ILighting, TV, Radio Vacuum cle ane rs, Food m ixers, Electric too ls Units of Eectricity
- You were promoted as the manager of a new clean well sanitary store taht sells cleaning and sanitation products wholesale. You recently read in an article that there the price of vitamine to be expected to increase by 20 percent. How will this affect your stores sale of sanitation products Items selected cross price elasticity Food supplement 0.34 Medicines 0.56 Foods 0.09explain in detail with the help of graph ? Does the sales tax affect the consumers with price increase ?Use the midpoint method of calculating percentage changes in this question. Heidi used to bake and sell 3 custom cakes each week when the price of cake was $35. Now that the price has increased to $45, she bakes and sells 5 cakes. What was the 'percentage change' in quantity supplied of cakes for Heidi? %. Is this 'percentage change' positive or negative? What was the 'percentage change' in price of cakes? %. Is this 'percentage change' positive or negative? What was Heidi's price elasticity of supply? (round to 2 decimal places] Is this considered 'elastic', 'inelastic', or 'unit elastic'?
- Briefly outline and explain some of factors that depend on line amount of a commodity a consumer os prepared to buyWhich term is used to describe the want satisfying power of a commodity or a service?[A] Demand[B] Want[C] Utility[D] Consumption Please dont use any ai tool. Thank you"Standard tickets for Beyonce’s Renaissance tour went on sale in the UK for a price of£56 in February 2023. Many fans complained about receiving constant errormessages and being stuck in long on-line queues of more than 500,000 people. Inresponse to these negative comments a spokesperson for Ticketmaster, thecompany in charge of selling the tickets, stated that: ‘There was never going to be enough tickets to meet demand’." What is a secondary ticketing market, and how does its existence affect the allocation of resources in the market for Beyonce's Renaissance tour tickets? (Include diagram)