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Author Question: If an increase in price results in no change in total revenue, then demand must be A) inelastic. ... (Read 280 times)

jake

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on: Jun 29, 2018
If an increase in price results in no change in total revenue, then demand must be
 
  A) inelastic.
  B) elastic.
  C) unit elastic.
  D) infinitely elastic.

Question 2

Firms use incentives to pursue their most fundamental goal, which is to maximize
 
  A) profits.
  B) sales revenue.
  C) worker satisfaction.
  D) worker pay.


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bbburns21

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


jake

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Reply #2 on: Jun 29, 2018
Correct answers!


bbburns21

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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