A tycoon purchasing a loss making company will install new ...

[karlynnae]

A tycoon purchasing a loss making company will install new management teams only as long as the marginal value of the additional information these teams generate is worth the cost of installing them.
  Indicate whether the statement is true or false

Question 2

If demand is unit elastic, an increase in price will lead to an increase in total revenue.
  Indicate whether the statement is true or false

[bigsis44]

Answer to Question 1

T

Answer to Question 2

False

[karlynnae]

Thanks for the timely response, appreciate it

[Joy Chen]

Excellent