Assume that demand for bottled water is relatively price elastic. an increase in supply of bottled water will result in which of the following?
1. a decrease in price, leading to an increase in total revenue
2. a decrease in price, leading to a decrease in total revenue
3. an excess supply of bottled water
4. an excess demand for bottled water
5. a relatively small decrease in price and no change in equilibrium quantity

1. which of the following is true about how your skill set relates to a future career? (1 point) employers like to hire people with only full-time job experience. employers consider subject-specific skills for new positions. skills learned in high school should not be included. skills from part-time jobs and volunteer work may prove beneficial in future jobs. 2. which of the following is a list of broad categories of skills? (1 point) creativity, art and communications, tools and trade, literacy and language, and interpersonal skills english and literacy, tools and trade, mathematics, and creativity interpersonal skills, intrapersonal skills, writing and literacy, tools and trade, and creativity mathematics and data, words and literacy, tools and tasks, interpersonal relationships, and creativity