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Author Question: Total revenue for skis is at a maximum when the price elasticity of demand is A) between 0 and 1. ... (Read 116 times)

Caiter2013

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on: Jun 29, 2018
Total revenue for skis is at a maximum when the price elasticity of demand is
 
  A) between 0 and 1.
  B) 1.
  C) greater than 1.
  D) 0.

Question 2

When the president of the Bank of America addresses Congress regarding lending standards in that industry, he is discussing
 
  A) a macroeconomic topic.
  B) a microeconomic topic.
  C) incentives.
  D) the big tradeoff.


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ju

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

B


Caiter2013

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

matt95

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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