Question: pls answer this within 40 min QUESTION 13 John consumes 10 slices of pizza per week when the price is $1 per slice and 20
pls answer this within 40 min

QUESTION 13 John consumes 10 slices of pizza per week when the price is $1 per slice and 20 slices of pizza per week when the price is \"50.5 per slice.John's behavior demonstrates the law of 0 Suppl)\"- 0 price. 0 d ema nd. 0 income. QUESTION 14 Water is extremely important everyone needs it to survive. yet it is so cheap. Diamond is extraordinarily expensive. yet no one really needs it. Why is this the case? 0 There is less supply for water than for diamond Q There is more demand for water than for diamond Q There is less demand for water than for diamond Q There is more supply for water than for diamond QUESTION 15 Suppose that quantity demand rises by 5% as a result of a 10% decrease in price. The price elasticity of demand for this good is O elastic and equal to 2. O inelastic and equal to 0.5. O inelastic and equal to 2. O elastic and equal to 0.5
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