Pam sees that the price of bananas has risen in the grocery store. All else equal, she decides to buy more tangerines than she normally purchases. From the information given, you might conclude that:multiple choicebananas are a luxury good.tangerines are an inferior good.tangerines and bananas are complements.tangerines and bananas are substitutes.

When the market price of bananas increases, banana farmers will, on average, choose to:

In the market for bananas, favourable health trends towards bananas results inQuestion 6Select one:a.an increase in demand, and an increase in supplyb.an increase in the quantity demanded, and an increase in supplyc.an increase in demand, and an increase in the quantity suppliedd.an increase in demand, and no change in supply or quantity supplied

Bananas from Ecuador are famous for being sweet. But regardless of where they are from, unripe bananas always taste like wet cardboard—which is far from sweet. So, even though these bananas are from Ecuador, they won’t be sweet because they’re still unripe.This argument is:Group of answer choicesDeductive and invalidNon-deductive and weakNon-deductive and strongDeductive and valid

Maria goes to the local fruit market, and she wants to buy a variety of fruits for her family.Apples cost 5 pesos each.Oranges cost 8 pesos each.Bananas cost 3 pesos each.Maria wants to buy 4 apples, 3 oranges, and 2 bananas. Additionally, she decides to buy a small bag of mixed nuts for 15 pesos. Question:If Maria has 50 pesos, will she have enough money to buy the fruits and the bag of mixed nuts? If not, how much more money does she need?

The cost of an apple is twice that of a banana and the cost of a banana is 25% less than that of a guava. If the cost of each type of fruit increases by 10%, then the percentage increases in cost of 4 bananas, 2 apples and 3 guavas is?Options10%12%16%18%