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

Author Question: If the demand for a good is price inelastic and the good price is increased, then the marginal ... (Read 91 times)

tichca

  • Hero Member
  • *****
  • Posts: 554
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Missbam101

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 2018
Answer to Question 1

C

Answer to Question 2

b


tichca

  • Member
  • Posts: 554
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

“Bad,” “neutral,” and “good” mutations. “Bad,” “neutral,” and “good” mutations.
Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ... Mechanisms of action of adrenergic agonists: (1) stimulation of the release of NE; (2) increased ...
Good alignment for sitting posture. Good alignment for sitting posture.
Find the factor demand for labour and the amount of output it will produce. Show all ... Find the factor demand for labour and the amount of output it will produce. Show all ...
Increased Risk of Knee Osteoarthritis Increased Risk of Knee Osteoarthritis
Video: Antidiuretic hormone (vasoconstriction, water reabsorption & sweat inhibition)

For a complete list of videos, visit our video library