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Author Question: As you move down a demand curve, if a decrease in price from 11 to 9 increased total revenue, then ... (Read 78 times)

hbsimmons88

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on: Jun 30, 2018
As you move down a demand curve, if a decrease in price from 11 to 9 increased total revenue, then further decreases below 9 would also increase total revenue.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The Federal Reserve banks are owned by:
 a. the citizens of each Federal Reserve district.
  b. the American people as a whole.
 c. the Federal Government.
 d. commercial banks.


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Tonyam972

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


hbsimmons88

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Joy Chen

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

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