The only producer of chocolate bunnies in the world, choco's bunny company, recently expanded its production capacity from 1,000 to 2,000 bunnies per day. if the price elasticity of demand for bunnies is 3.33, by how much will the company have to reduce its price to sell the additional 1,000 bunnies (by the midpoint method)?
(a) 2.5%
(b)25%
(c)125%
(d)20%

answer; /// i believe the correct answer is (all of the above);

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer; ///blank(1) longer; blank(2); lessi believe this is correct, plz check first; good luck';

answer; (c) communism and socialism;