This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the demand for ptyalin is unit elastic, then a. total revenue decreases as quantity demanded ... (Read 61 times)

kellyjaisingh

  • Hero Member
  • *****
  • Posts: 540
on: Jul 1, 2018
If the demand for ptyalin is unit elastic, then
 a. total revenue decreases as quantity demanded increases
  b. total revenue increases as quantity demanded increases
  c. total revenue increases as price increases
  d. total revenue remains constant as price increases
  e. total revenue decreases as price increases

Question 2

If the demand for swordfish is price elastic and the price of swordfish increases, then
 a. the quantity of swordfish demanded will increase
  b. the total revenue from swordfish sales will decrease
  c. the total revenue from swordfish sales will increase
  d. the total revenue from swordfish sales will not change
  e. whether total revenue rises or falls depends on how much the price of swordfish increases


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

nanny

  • Sr. Member
  • ****
  • Posts: 313
Reply #1 on: Jul 1, 2018
Answer to Question 1

D

Answer to Question 2

B


kellyjaisingh

  • Member
  • Posts: 540
Reply 2 on: Jul 1, 2018
Wow, this really help

31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Species richness decreases with distance from the source pool. Species richness decreases with distance from the source pool.
The percentage of never-married men and women decreases with age, and by the age of 65, more than ... The percentage of never-married men and women decreases with age, and by the age of 65, more than ...
This unit is applying smoke to the fuel tank through an adapter and the leak was easily found to be ... This unit is applying smoke to the fuel tank through an adapter and the leak was easily found to be ...
Elastic Rebound Elastic Rebound
If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle If P(θ) = (√3 /2, -1/ 2), determine the coordinates of P (θ + 90 °) using the unit circle
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Phlebotomy

For a complete list of videos, visit our video library