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Author Question: The demand for a good is inelastic if, when its price rises, A) the demand falls. B) the ... (Read 63 times)

fnuegbu

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on: Jun 29, 2018
The demand for a good is inelastic if, when its price rises,
 
  A) the demand falls.
  B) the quantity demanded falls.
  C) the quantity demanded increases.
  D) total dollar expenditure on the good decreases.
  E) total dollar expenditure on the good increases.

Question 2

Other things remaining same, a left shift in the demand curve will lead to:
 
  A) an increase in the equilibrium price and the equilibrium quantity.
  B) a decrease in the equilibrium price and the equilibrium quantity.
  C) a decrease in the equilibrium price and an increase in the equilibrium quantity.
  D) an increase in the equilibrium price and a decrease in the equilibrium quantity.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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T4T

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fnuegbu

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

mohan

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Reply 3 on: Yesterday
Wow, this really help

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