When the price of pencils increases from $1.50 to $2.50, there is an increase in quantity demanded of pens from 100 to 150. the cross-price elasticity of demand between pencils and pens is: ?

Roswell inc has 9,000 machine hours available each month. the following information on the company's three products is available: product 1 product 2 product 3 contribution margin per unit $ 33.00 $ 72.00 $ 25.50 machine hours per unit 3.00 2.00 1.00 if market demand exceeds the available capacity, in what sequence should orders be filled to maximize the company's profits? product 1 first, product 2 second, and product 3 third. product 2 first, product 3 second, and product 1 third. product 3 first, product 1 second, and product 2 third. product 3 first, product 2 second, and product 1 third.