If the demand is ________, a fall in price ________ total ...

[Pea0909berry]

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

[Pswine]

Answer to Question 1

A

Answer to Question 2

C

[Pea0909berry]

Great answer, keep it coming

[bigcheese9]

Thanks for the timely response, appreciate it