This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A decrease in demand will: a. reduce total revenue. b. increase total revenue. c. increase total ... (Read 132 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
on: Jun 30, 2018
A decrease in demand will:
 a. reduce total revenue.
 b. increase total revenue.
 c. increase total revenue only if demand is inelastic.
  d. increase total revenue only if demand is elastic.

Question 2

The primary reason that money is demanded is for:
 a. transaction purposes.
 b. asset purposes.
 c. precautionary reasons.
  d. investment purposes.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


dollx

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

miss.ashley

  • Member
  • Posts: 371
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Head impact during sports may reduce ability to acquire new information Head impact during sports may reduce ability to acquire new information
Soothing environments and familiar objects can help reduce behavioral problems with some dementia ... Soothing environments and familiar objects can help reduce behavioral problems with some dementia ...
Atmospheric pressure decreases with increase in altitude. Atmospheric pressure decreases with increase in altitude.
China has relied on cheap coal to meet its demand for energy China has relied on cheap coal to meet its demand for energy
Finding the length given total distance and distance longer than other point Finding the length given total distance and distance longer than other point
Video: Replication of DNA and Chromosomes/ How do cells replicate their DNA? (Animation) no Audio

For a complete list of videos, visit our video library