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

Author Question: The demand for a good is elastic if A) an increase in its price results in an increase in total ... (Read 111 times)

Sportsfan2111

  • Hero Member
  • *****
  • Posts: 585
on: Jun 29, 2018
The demand for a good is elastic if
 
  A) an increase in its price results in an increase in total revenue.
  B) a decrease in its price results in a decrease in total revenue.
  C) an increase in its price results in a decrease in total revenue.
  D) the good is a necessity.

Question 2

In the table above, what price level belongs in space D?
 
  A) 125
  B) 130
  C) 140
  D) 145


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Sportsfan2111

  • Member
  • Posts: 585
Reply 2 on: Jun 29, 2018
:D TYSM

Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

Approximately 500,000 babies are born each year in the United States to teenage mothers.

Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
The traits Mendel used in his experiments, and the results of the F1 and F2 generation crosses. The traits Mendel used in his experiments, and the results of the F1 and F2 generation crosses.
Agonists, partial agonists, and antagonists: (a) An agonist results in maximum response. (b) A ... Agonists, partial agonists, and antagonists: (a) An agonist results in maximum response. (b) A ...
Kneeling on one knee to keep good alignment when massaging the arms and hands. Kneeling on one knee to keep good alignment when massaging the arms and hands.
Total Solid Waste, MSW per Capita Total Solid Waste, MSW per Capita
Effect of an Increase in gA,2 on Productivity and Output Effect of an Increase in gA,2 on Productivity and Output
Video: Decubitus Ulcer

For a complete list of videos, visit our video library