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Author Question: A decrease in demand will: a. reduce total revenue. b. increase total revenue. c. increase total ... (Read 88 times)

dollx

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on: Jun 30, 2018
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.


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nekcihc358

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


dollx

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

6ana001

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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