Question: please answer Danika is an analyst for a retail grocery store chain. She has been given the table of data below and asked to make

please answer

Danika is an analyst for a retail grocery store chain. She has been given the table of data below and asked to make a recommendation. Product Price Elasticity of Demand (in abs. value) Gleemenex 1.5 Chompeez Frimdellows 3 Marchimarks 0.8 Which goods should the grocery store chain lower prices on if it wants to increase total revenue? Marchimarks All of them O Chompeez and Marchimarks OFrimdellows and Gleemenex Use the figure below to answer the question. Good A U1 U2 Good B Which property of rational preferences are these utility curves violating? These preferences are not ordered. These preferences are not complete. These preferences are not transitive. ONone, there is nothing rational about these utility curve

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