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A: GDP stands for the Gross national product which will be explained below:
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- Which term is used to describe the want satisfying power of a commodity or a service?[A] Demand[B] Want[C] Utility[D] Consumption Please dont use any ai tool. Thank youDoes the image of a retail outlet affect the image ofthe brands it carries? Do the brands carried affectthe image of the retail outlet?*You only need to answer question g*
- The graph best illustrates what type of market?Which shifter,increase or decrease,drawing,change in price,change in quantity6. Elasticity and total revenue The following graph shows the daily demand curve for bikes in Denver. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. 2 Total Revenue PRICE (Dollars per bike) 88NR S 89 88 89 O 300 275 18 27 35 45 54 53 72 QUANTITY (Bikes) 91 Demand 90 99 108
