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Author Question: If, for a given percentage increase in price, quantity demanded falls by a proportionately smaller ... (Read 92 times)

Deast7027

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on: Jun 29, 2018
If, for a given percentage increase in price, quantity demanded falls by a proportionately smaller percentage, then demand is
 
  A) relatively elastic. B) relatively inelastic. C) perfectly elastic. D) unit elastic.

Question 2

Refer to Table 1-4. What is Eva's marginal cost if she decides to stay open for two hours instead of one hour?
 
  A) 12 B) 24 C) 36 D) 71
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snackralk

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Deast7027

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Dominic

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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