If advertising makes consumers more loyal toparticular brands, it could _________ the elasticityof demand and _________ the markup of price overmarginal cost.a. increase; increaseb. increase; decreasec. decrease; increased. decrease; decrease

Which of the following is not an application in the use of elasticity? A businessman who would want to understand their target market. O A producer would want to increase the value of the its product. O O A producer who would want to know the best talent for a commercial A producer who would want to know the impact of the sudden change in the price of a complementary good.

Graph and solve attachments:

How would you expect the elasticity of demand for each of the following products to compare with the price elasticity of demand for standard car tires? Explain your answer. a. Snow tires (not necessary, but handy on snowy days) b. School bus tires (purchased with tax dollars on a fixed schedule) c. Bicycle tires (which require a smaller portion of a consumer's income than car tires) d. Tires made by the most reputable company (more of a luxury than a necessity)

If the price elasticity of demand is equal to infinity and the price were to rise, the quantity demanded would: O increase. O not change. O fall to zero. O decrease slightly. 21 ottv MacBook Pro F8 F9 F6 F7 000 F4 F5 F3 *

Explain the elasticity and total revenue with the help of graph?please answer with the help of graphs

If a central bank buys government securities from the private sector-money markets,leading to an expansion of the money supply, other things being equal, what would theeffect be on the following?(d) Aggregate Supply(e) Aggregate Demand(f) Economic activity(g) Price level of the economy can you help giving me these 4 ans.

Price of Good X(Px) Quantity of Good X(Qx) Own Price Elasticity Total Revenue 0 100 0.00 0 5 90 −0.11 450 A 80 −0.25 800 15 70 −0.43 1050 20 60 −0.67 1200 25 50 C 1250 30 B −1.50 1200 35 30 −2.33 1050 40 20 −4.00 D 45 10 −9.00 450 50 0 −∞ 0   The demand function in the accompanying table is QXd = 100 − 2PX. Based on this information, compute the own price elasticity of demand when PX = $25 (point C).

How do I calculate the price elasticity in this chart? and how do I graph the results? P Q Price Total       Elasticity Revenue   $9.00 1 - 9   $8.00 2   16   $7.00 3   21   $6.00 4   24   $5.00 5   25   $4.00 6   24   $3.00 7   21   $2.00 8   16

Please see below. The pictures go together.