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Author Question: A decrease in demand will increase total revenue: a. Always. b. Only if supply is relatively ... (Read 59 times)

tiffannnnyyyyyy

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on: Jun 30, 2018
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


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mirabriestensky

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

d

Answer to Question 2

c


tiffannnnyyyyyy

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  • Posts: 512
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sarah_brady415

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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