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Author Question: Producers' total revenue will increase if A) income increases and the good is an inferior good. ... (Read 139 times)

newyorker26

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on: Jun 29, 2018
Producers' total revenue will increase if
 
  A) income increases and the good is an inferior good.
  B) the price rises and demand is elastic.
  C) the price rises and demand is inelastic.
  D) income falls and the good is a normal good.

Question 2

Which of the following is a positive statement?
 
  A) Taxes should be lower because then people get to keep more of what they earn.
  B) My economics class should last for two terms because it is my favorite class.
  C) A 10 percent increase in income leads to a 4 percent increase in the consumption of beef.
  D) Given their negative impact on productivity, the government should eliminate labor unions.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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morganmarie791

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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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newyorker26

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

bitingbit

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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