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 133 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
:D TYSM


duy1981999

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

For a complete list of videos, visit our video library