Steve sells lemonade at the corner of a busy street. he charges $1.50 for a cup and easily sells 200 cups a day. however, one afternoon another lemonade stand appears across the street, advertising lemonade for $1.00 a cup. steve starts losing customers. in order to encourage customers to return, he changes the price of his lemonade to $.95. what law of supply and demand applies to steve’s business? a. price increased because supply decreased b. price decreased because demand decreased c. price increased because demand decreased d. price decreased because supply inscreased
Answers: 2
Other questions on the subject: Geography
Geography, 22.06.2019 13:00, makiahlynn706
The increase of pollutants from in mexico has raised concerns about garage to health and the environment
Answers: 3
Geography, 23.06.2019 16:20, puzzledprincess8037
Data courtesy of the un development programme 2006-2008 and world bank 2009 the chart above compares measures of development using the hdi and gdp. why might turkey rank lower in the hdi indicator even though it has a high gdp? a. turkey has a lower gdp than comparable countries in the hdi ranking. b. turkey must increase its hdi to have a higher gdp ranking. c. turkey is only compared to other european countries in gdp, not to the world, as it is in the hdi. d. turkey may struggle to provide adequate education or health care, or it may have a lower life expectancy.
Answers: 1
Geography, 23.06.2019 18:00, kaziyahf2006
In upholding louisiana's separate car act, the supreme court claimed thatsegregation was not the same as discriminationthe fourteenth amendment did not apply to southern statesdiscrimination was necessary in order to maintain public ordero segregation was unconstitutional based on the fourteenth amendment
Answers: 3
Do you know the correct answer?
Steve sells lemonade at the corner of a busy street. he charges $1.50 for a cup and easily sells 200...
Questions in other subjects:
Chemistry, 05.07.2020 14:01
