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Author Question: A supply curve slopes upwards because a. the higher the price the lower the quantity that the ... (Read 130 times)

lb_gilbert

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on: Jul 1, 2018
A supply curve slopes upwards because
 a. the higher the price the lower the quantity that the sellers are willing to supply
  b. the higher the price the higher the quantity that the sellers are willing to supply
  c. the quantity supplied in insensitive to price
 d. an increase in price brings the quantity sold down to zero

Question 2

What is the expected revenue from developing the simplified software?
 a. 4million
 b. 6million
 c. 8million
 d. 10million


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lucas dlamini

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Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

c


lb_gilbert

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Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it

Jsherida

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

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