Avital and Joshua Each Have Their Own Business Selling Lemonade

question 2

Multiple Choice

Avital and Joshua each have their own business selling lemonade in front of their houses. When they each charge 25 cents per glass, their total revenues are equal. However, when they each charge 40 cents per glass, Avital's revenues are bigger than Joshua's revenues. This is because:

• A) Joshua faces a more inelastic demand curve.
• B) Avital faces a more elastic demand curve.
• C) Joshua faces a more elastic demand curve.
• D) Avital faces a less inelastic demand curve.

---

Definitions:

Reliability Tactic

Strategies or practices aimed at ensuring a system or component performs its required function under stated conditions for a specified period.

Individual Components

Distinct parts or elements that make up a complex product, system, or assembly.

Repair Speed

The rate at which damaged or malfunctioning products or equipment are restored to working order.

Providing Redundancy

The act of incorporating extra components, systems, or processes to increase reliability and avoid failure in case of a component breakdown.