This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the demand is ________, a fall in price ________ total revenue. A) elastic; increases B) ... (Read 90 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
If the demand is ________, a fall in price ________ total revenue.
 
  A) elastic; increases
  B) elastic; decreases
  C) inelastic; increases
  D) inelastic; does not change

Question 2

The above table shows the short-run total product schedule for the campus book store. When the fifth employee is hired, the marginal product is ________ and is ________ the average product.
 
  A) increasing; greater than
  B) increasing; less than
  C) decreasing; greater than
  D) decreasing; less than


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Pswine

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


Pea0909berry

  • Member
  • Posts: 573
Reply 2 on: Jun 29, 2018
:D TYSM

xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Species richness increases with island size. Species richness increases with island size.
Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro
Fall Fall
Selected Complications of Total Parenteral Nutrition Selected Complications of Total Parenteral Nutrition
The averaging of an auditory evoked potential. Averaging increases the signal-to-noise ratio. The averaging of an auditory evoked potential. Averaging increases the signal-to-noise ratio.
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Video: Types of Transport - Uniport, Antiport and Symport (Glucose and Na+K+ Transporters)

For a complete list of videos, visit our video library