This topic contains a solution. Click here to go to the answer

Author Question: A decrease in demand will: a. reduce total revenue. b. increase total revenue. c. increase total ... (Read 71 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
A decrease in demand will:
 a. reduce total revenue.
 b. increase total revenue.
 c. increase total revenue only if demand is inelastic.
  d. increase total revenue only if demand is elastic.

Question 2

The primary reason that money is demanded is for:
 a. transaction purposes.
 b. asset purposes.
 c. precautionary reasons.
  d. investment purposes.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

a

Answer to Question 2

a




dollx

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
Wow, this really help


irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

For a complete list of videos, visit our video library