macaronimarcela2468 macaronimarcela2468

16-09-2020
Business

contestada

what is it called when raising the price of a good will increase the firm's total revenue, decreasing the price will decrease the total revenue?

Respuesta :

16-09-2020

Answer:

total revenue test: elastic. If demand is elastic, a decrease in price will increase total revenue, and an increase in price will reduce total revenue. total revenue: inelastic.

Explanation:

Answer Link

ACCESS MORE ACCESS MORE ACCESS MORE ACCESS MORE

Otras preguntas

Why are modern homes more likely to have higher indoor pollution? A. They use kerosene heaters B. They use asbestos to prevent fires. C. They have central heati

-x2 + x-1=0 find the discriminant of each quadratic equation then state the number and type of solution

Plant cells have a _____ while animal cells do not. A. plasma membrane B. nucleus C. cell wall

give two ways in which archaea are different from bactria

Although buying a Certificate of Deposit can earn your higher returns than a regular savings account, it can have the negative side effect of _________. a. Need

Which statement about the rock layers in this illustration must be true? A. Layer C is the oldest rock layer. B. Layer I is the most recent rock layer. C. Layer

Find the missing length of the figure.

The perimeter of the rectangle below is 102 ft. What is the value of X

How much money do Hansel and Gretel`s parents have?

the cenozoic era is also referred to as the