« previous next »

Author Question: If total revenue is unrelated to price, then demand is unitary elastic. (Read 47 times)

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
on: Jul 20, 2019
If total revenue is unrelated to price, then demand is unitary elastic.
◦ true
◦ false
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
Buy Test-Bank


mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #1 on: Jul 20, 2019
true


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

mikaylakyoung

  • Hero Member
  • *****
  • Posts: 531
Reply #2 on: Jul 20, 2019
Excellent


mfedorka

  • Sr. Member
  • ****
  • Posts: 324
Reply #3 on: Jul 20, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Alan Price - Poor People Alan Price - Poor People
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
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 ...
What is the total number of valence electrons in a silicate ion, SiO32-? What is the total number of valence electrons in a silicate ion, SiO32-?
Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ... Sonal bought a coat for $198.88, which included 8% PST and 5% GST. What was the selling price ...
Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ... Refer to Scenario 3.1. If the price of potato chips is $0.50 and the price of Cola is $4.00, ...
Video: Retina

For a complete list of videos, visit our video library