Price elasticity of demand is the sole determinant of profit for a firm. a. True b. False ...

Author Question: Price elasticity of demand is the sole determinant of profit for a firm. a. True b. False ... (Read 89 times)

audragclark

Hero Member
Posts: 579

on: Jun 30, 2018

Price elasticity of demand is the sole determinant of profit for a firm.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Diseconomies of scale are most likely at very low levels of output.
a. True
b. False
Indicate whether the statement is true or false

connor417

Sr. Member
Posts: 329

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

False

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