Most powerful people in the world might be measured

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Q. In 2007, Bob's Burgers charged $1.50 for a quarter pound hamburger with all the fixing's also sold 7,500 of them. In 2008, although Bob raised the price to $1.75, trades of quarter-pound burgers rose to 8,200. Explain why this does not represent a violation of the law of demand.

Q. Explain why these 3 me the 3 bankers who are listed as the 4th, 5th also 6th most powerful people in the world might be measured more powerful than most countries leaders

Reference no: EM1322922

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