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Author Question: A new fertiliser has led to an increase in the number of tomatoes harvested and a decrease in the ... (Read 45 times)

jilianpiloj

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on: May 25, 2020

Question 1

A university decides to raise tuition fees to increase the total revenue it receives from students. This strategy will work if the demand for a this institution's education is
◦ unitarily elastic.
◦ elastic.
◦ inelastic.
◦ inversely related to price.

Question 2

A new fertiliser has led to an increase in the number of tomatoes harvested and a decrease in the revenue of tomato growers. Therefore, the demand for tomatoes must be
◦ inelastic.
◦ unitarily elastic.
◦ perfectly inelastic.
◦ elastic.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by jilianpiloj on May 25, 2020

mrphibs

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Reply #1 on: May 25, 2020
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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jilianpiloj

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Reply 2 on: May 25, 2020
Gracias!

Sarahjh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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