Last year the price of corn was $3 per bushel and the quanti…

Last year the price of corn was $3 per bushel and the quantity of corn demanded was 8 million bushels. This year the price of corn is $4 per bushel and the quantity of corn demanded is 7 million bushels. Assuming that the demand curve has not shifted, what is the price elasticity of demand for corn? (Use the midpoint formula.)

Part 3: Short Answer (3 questions, 4 points each) For each s…

Part 3: Short Answer (3 questions, 4 points each) For each short answer question, please be sure to make clear and direct references to concepts, terms, and paradigms from the textbook and class. Each of your responses should include specific references to the course material. Short answer question responses have no word minimum or maximum, and will be graded based upon the completeness of the response and the accurate explanation and application of specific terms and concepts covered in the course.

Answer questions (a)-(c) about a hexagonal prism without usi…

Answer questions (a)-(c) about a hexagonal prism without using a model, but with visualization instead.(a) How many faces does a prism with a hexagon base have? What shapes are the faces? Explain briefly.(b) How many edges does a prism with a hexagon base have? Explain.(c) How many vertices does a prism with a hexagon base have? Explain.  (d) Finally, draw a flat/net pattern and a 3D model of a hexagonal prism to check your work. [It doesn’t have to be perfect – do your best – but I should be able to discern important attributes of the shape.]