This topic contains a solution. Click here to go to the answer

Author Question: A decrease in demand will: a. reduce total revenue. b. increase total revenue. c. increase total ... (Read 87 times)

dollx

  • Hero Member
  • *****
  • Posts: 558
A decrease in demand will:
 a. reduce total revenue.
 b. increase total revenue.
 c. increase total revenue only if demand is inelastic.
  d. increase total revenue only if demand is elastic.

Question 2

The primary reason that money is demanded is for:
 a. transaction purposes.
 b. asset purposes.
 c. precautionary reasons.
  d. investment purposes.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nekcihc358

  • Sr. Member
  • ****
  • Posts: 327
Answer to Question 1

a

Answer to Question 2

a




dollx

  • Member
  • Posts: 558
Reply 2 on: Jun 30, 2018
Excellent


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Pregnant women usually experience a heightened sense of smell beginning late in the first trimester. Some experts call this the body's way of protecting a pregnant woman from foods that are unsafe for the fetus.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

For a complete list of videos, visit our video library