In this question, assume that all variables other than price and quantity are held constant. At Betty's Burgers, the hamburgers have a price elasticity of demand = 2.05, and Betty increases her quantity sold by 75%. Betty must have Betty must have changed her price by (round your answer to one decimal) Due to the price change, Betty's total revenue will

How do you determine a budget for personal consumption?

1. Alana only has $56.47 saved for college. Brainstorm possible reasons why she has only managed to save this amount. 2. What do you think Alana’s goals should be?What are a few ways that Alana can get a better understanding of her spending patterns?

You are shopping for new clothes and you like the style of a shirt. The store clerk tells you they have that shirt in red, blue, orange, and purple, and can offer it in the sizes small, medium, and extra large. How many different shirt options can this store offer?