Suppose the market demand curve for pizza can be expressed as QD = 100 - 2P + 3Pb, where QD is the quantity of pizza demanded, P is the price of pizza, and Pb is the price of a burrito
What is the relationship between burritos and pizza, from the point of view of consumers? A) They are independent.
B) They are complements.
C) They are substitutes.
D) Not enough information to answer the question.
C
Economics
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Based on data from 2011, the top fifth of all families received approximately what percent of all income in the United States?
a. 83 percent b. 49 percent c. 41 percent d. 21 percent
Economics
Refer to the above table. What does the marginal revenue product equal when 27 workers are hired a week?
A. $8 B. $16.25 C. $216 D. $1040
Economics