A decrease in demand will increase total revenue: a. Always. b. ...

[tiffannnnyyyyyy]

A decrease in demand will increase total revenue:
 a. Always.
 b. Only if supply is relatively inelastic.
  c. Only if supply is relatively elastic.
  d. Never.

Question 2

When is a particular bank in a position to make new loans?
 a. When required reserves equal actual reserves.
 b. When required reserves exceed actual reserves.
 c. When required reserves are less than actual reserves.
  d. all of the above

[mirabriestensky]

Answer to Question 1

d

Answer to Question 2

c

[tiffannnnyyyyyy]

Thanks for the timely response, appreciate it

[Viet Thy]

Gracias!