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Author Question: If the demand for a good is price inelastic and the good price is increased, then the marginal ... (Read 141 times)

tichca

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on: Jul 1, 2018
If the demand for a good is price inelastic and the good price is increased, then the marginal revenue (MR) received by the seller will
 
  A) not change.
  B) decrease.
  C) increase.
  D) Cannot be determined from this information

Question 2

The Earned Income Tax Credit replaced many government transfer programs.
 
  a. True b. False


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Missbam101

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Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

b


tichca

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Reply 2 on: Jul 1, 2018
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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