Surveys show that a small increase in the price of one brand of gasoline (e. g. Shell or Irving) will cause most people to switch to other brands. This finding suggests that the demand curve for an individual brand of gasoline is:

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.