Pablo's demand for pizza is inelastic. If the price of pizza decreases, we can predict that Pablo will

A. eat more pizza and spend more on pizza than he did before the price decrease.

B. eat less pizza and spend less on pizza than he did before the price decrease.

C. eat more pizza and spend less on pizza than he did before the price decrease.

D. eat less pizza and spend more on pizza than he did before the price decrease.

Need with my trade theory homework. i doubt what i wrote was right. consider a monopolistically competitive market for soft drinks in which n symmetric firms face the following demand function: q=s(1/n-b(p-(p with the straight line on which implies the marginal revenue functionmr=p-(q/sb)finally, suppose firms face the total cost functiontc=900,000+100qsuppose the market size, s, is 27,000,000, and the elasticity parameter b is 0.003.diagram the price and the average total cost in the market as a function of the number of firms. what are the equations for each curve, and why does each curve slope up or down? label the equilibrium number of firms and the equilibrium price in the diagram. why is this the equilibrium?

Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false

You estimate that your cattle farm will generate $0.15 million of profits on sales of $3 million under normal economic conditions and that the degree of operating leverage is 2. (leave no cells blank - be certain to enter "0" wherever required. do not round intermediate calculations. enter your answers in millions.) a. what will profits be if sales turn out to be $1.5 million?