You have developed the following simple product structure of items needed for your gift bag for a rush party for prospective pledges in your organization. you forecast 250 attendees. assume that there is no inventory on hand of any of the items. explode the bill of material. (subscripts indicate the number of units required.)
well it can considered it by monopolies can be considered an extreme result of free-market "monopoly" can also be used to mean the entity that has total or near-total control of a market. barriers to entry that only hope this : )
the price of gala apples rises from $5 per pound to $10 per pound. as a result, the quantity demanded falls from 10 million pounds to 5 million pounds. what is the arc own-price elasticity of demand?