willie's widgets currently sell for $20 each. at that price, willie has sold 31 comma 000 widgets. willie would like to maximize his revenue, so he raises the price of a widget to $24 each. willie has seen the sales of his widgets drop only slightly to 29 comma 000. using the initial-value method, the price elasticity of demand for willie's widgets is nothing. (enter your response as an absolute value rounded to two decimal places.) we can conclude that the demand for willie's widgets under these conditions is

About 20 years ago, sturdy light, inc., produced a sturdy, lightweight backpack in a market that was rapidly growing. sturdy light became a leader in this market. eventually, the backpack market reached the maturity stage and slowed down. however, by this time, sturdy light had developed a strong brand name and continued to steadily lead the market. which of the following describes this scenario? a. sturdy light was a star that developed into a cash cow. b. sturdy light was a question mark that developed into a star. c. sturdy light was a dog that developed into a question mark. d. sturdy light was a cash cow that developed into a star.