Use the Following to Answer Questions -(Table: Demand for Lenny's Coffee)Use Table: Demand for Lenny's Coffee

question 156

Multiple Choice

Use the following to answer questions : $$\begin{array}{l}\text { Table: Demand for Lenny's Coffee }\\\begin{array} { c c } \hline \begin{array} { l } \text { Price } \\\text { of Coffee } \\\text { (per cup) }\end{array} & \begin{array} { c } \text { Quantity } \\\text { of Coffee } \\\text { Sold (daily cups) }\end{array} \\\hline \$ 10 & 0 \\9 & 1 \\8 & 2 \\7 & 3 \\6 & 4 \\5 & 5 \\4 & 6 \\3 & 7 \\2 & 8 \\1 & 9 \\0 & 10 \\\hline\end{array}\end{array}$$
-(Table: Demand for Lenny's Coffee) Use Table: Demand for Lenny's Coffee.Lenny's Café is the only source of coffee for hundreds of kilometres in any direction.Lenny is selling 2two cups of coffee.If he lowers the price and sells three3 cups of coffee,the _____ effect will dominate the _____ effect,and total revenue will _____.

• A) quantity;price;decrease
• B) price;quantity;increase
• C) price;quantity;decrease
• D) quantity;price;increase

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Definitions:

Needs Analysis

The process of identifying and evaluating the specific training or development requirements for an individual or organization.

Rapid Needs Analysis

A process used to determine and address the needs or "gaps" between current conditions and desired conditions or "wants" in a timely manner.

Available Data

Refers to data that is readily accessible for analysis or use, potentially impacting decision-making or research outcomes.

Desirable Behaviours

Behaviors that are considered positive, beneficial, or appealing in a given context.