YOU ARE THE MANAGER OF ALL IS WELL BOUTIQUE, DEALING IN THE SALE OF CLOTHING. YOU KNOW THAT THERE IS A RELATIONSHIP BETWEEN THE DEMAND FOR CLOTHING AND FOOD. THE FOLLOWING
ARE THE DEMAND AND SUPPLY EQUATIONS FOR CLOTHING AND FOOD.
CLOTHING
FOOD
DEMAND
Qdc=410-5Pc-2Pf
Qdf=295-PC-3Pf
SUPPLY
QSC=-60+3PC
QSf=-120+2Pf
WHERE SUBSCRIPT f denotes FOOD AND SUBSCRIPT c denotes CLOTHING. P AND Q ARE PRICE AND
QUANTITY RESPECTIVELY. ALSO / INDICATES DEMAND AND S INDICATES SUPPLY.
QUESTION 1
FIND THE EQUILIBRIUM PRICES AND QUANTITIES FOR CLOTHING AND FOOD.

If a product goes up in price, and the demand for it drops, that product's demand is a. elastic b. inelastic c. stable d. fixed select the best answer from the choices provided

Susan is a 5th grade teacher and loves getting up every day and going to work to teach her students. this is an example of a. extrinsic value b. interests c. intrinsic value d. external value

Scientists developed the first successful human cell culture in vitro (grown in a lab) in the 1950s by removing cancer cells from a woman. this concept has allowed modern scientists to successfully grow organs. which of the following answers  bestdetermines why there was success?   neurons send a signal to the cell to multiply.a large blood supply to the cell allows enough nutrients for growth.cells are the basic unit of life and thus can regenerate if in a controlled environment.cells cannot reproduce on their own, and the scientist manipulates them to grow.