Answer:
<u>1. Johann is looking to double the profits of his lemonade stand</u>
Explanation:
Note that Johann was<em> still making m</em>oney from lemonade stand but was not content with the profits he was making that was his argument or reason for increasing the price of a cup of lemonade from 25 cents to 50 cents.
<em>Without having forsight</em> Johann's decision eventually resulted in him selling fewer cups at the new price and therefore making less money than before.
Answer:
Not relevant to her death but it had to do with the timing in which it happened.
Explanation:
Remember she was indeed a stars among Hispanic Americans, according to reports Latinos bought millions of records by the singer who they saw as a model.
Prior to her death there were plans to lunch consumer products targeted specifically at the Latino community considering their market potential from the entertainment industry.
Christy Haubegger decided to lunch one of such consumer products the Latina Magazine which focused on the Latino community leading to more of these products.
In the question above, Walt asks for 10 gallons of gas while Jessie asks for $10 worth of gas. In both the cases, the drivers need gas but Walt is concerned about the quantity of gas and Jessie is concerned about the price of the gas.
In case of Walt, the price elasticity of demand is zero because he want 10 gallons of gas regardless of the price of gas per gallon. While in case of Jessie, the price elasticity of demand is one because he wants to buy gas worth $10, no matter what is the price of the gas per gallon.
