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Author Question: Determine whether the statement is true or false.If demand has unit elasticity for a particular ... (Read 65 times)

Garrulous

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Question 1

Determine whether the statement is true or false.

If  q = D(x) =  and n > 1, demand is elastic for all values of x.
◦ True
◦ False

Question 2

Determine whether the statement is true or false.

If demand has unit elasticity for a particular value of x, revenue is at a maximum.
◦ True
◦ False


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Marked as best answer by Garrulous on Jun 16, 2021

kingfahad97

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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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Garrulous

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Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review


Liamb2179

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Reply 3 on: Yesterday
Excellent

 

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