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Author Question: A decrease in demand will increase total revenue: a. Always. b. Only if supply is relatively ... (Read 28 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

  • Member
  • Posts: 512
Reply 2 on: Jun 30, 2018
Excellent

epscape

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  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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