Question: Question 7 4.7 pts Refer to the table below to answer the question. Assume that factors that may change demand but are not listed in






Question 7 4.7 pts Refer to the table below to answer the question. Assume that factors that may change demand but are not listed in the table do not change between the months listed Pike of Price of ault cookies Which of the following statement is true? Cookies and milk are both normal goods. O Cookies are an inferior good and milk is a normal good. This cannot be determined accurately based on the data given. O Cookies and milk are both inferior goods. Cookies are a normal good and milk is an inferior good . Previous Next .Question S 4.7 pts The diagram below gives information about demand and supply for bananas in Econland. Pio S HNWAI D 0 1 2 3 4 5 6 7 8 9 10 The producer surplus of the banana market in equilibrium is equal to 0 8 125D 0 1 2 3 4 5 6 7 8 9 10 The producer surplus of the banana market in equilibrium is equal to 125 25 0 4 16
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