Use the Figure Below to Answer the Following Questions

question 74

Multiple Choice

Use the figure below to answer the following questions. Figure 3.2.1
-Given Figure 3.2.1,under what condition are consumers willing to buy more than 9,000 apples per week?

• A)if the price is above $1
• B)if the price is between $1 and $0.50
• C)if the price is below $0.50
• D)if the price is between $1 and $1.50
• E)if the price is $0.75

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Definitions:

Insanity

When a person cannot understand the nature or consequences of his acts.

Court Order

A formal declaration made by a court that mandates or forbids certain actions by one or more parties.

Fiduciary Duty

A legal obligation of one party to act in the best interest of another when entrusted with care of money or property.

Apparent Authority

A situation where a person appears to have been given the power to act on behalf of another, leading third parties to reasonably believe in that authority.