At a price of $20, Daphne sells 35 hand-painted dog collars per week. When she raised her price to $25, she sold 28 per week. Based on this information, the demand for her dog collars is

Other things equal, the gravity equation predicts that the United States will have more trade with __________ than with _________.

a. Bangladesh; Japan b. Russia; Japan c. Canada; Bangladesh d. Russia; Bangladesh

A local restaurant sells strawberry pie for $3.00 per slice. However, if you order the prime rib dinner, you can get a slice of pie for only a dollar. This is an example of

A) bundling. B) second-degree price discrimination. C) a two-part tariff. D) tying. E) none of the above