If the cross-price elasticity of demand between lettuce and salad dressing is negative, then when the price of lettuce rises, the demand for salad dressing will ________.

Because it is more extensive, first-degree price discrimination is more profitable for the firm than is third-degree price discrimination

Indicate whether the statement is true or false

In the above figure, the opportunity cost of moving from point A to point C is

A) 50 guitars. B) 0 guitars. C) 25 guitars. D) 50 ukuleles.