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Author Question: If the quantity sold of two-liter Coke bottles increases by 10 when price falls by 2, what is the ... (Read 41 times)

anshika

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on: Jul 1, 2018
If the quantity sold of two-liter Coke bottles increases by 10 when price falls by 2, what is the total change in revenue?
 a. Revenue increases by 12
  b. Revenue increases by 8
  c. Revenue falls by 8
 d. Revenue falls by 12

Question 2

The Nash equilibrium was named after
 a. Tom Nash
 b. John Nash
 c. Robert Nash
  d. Kelvin Nash


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bbburns21

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

b

Answer to Question 2

b


anshika

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

sultansheikh

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  • Posts: 335
Reply 3 on: Yesterday
Great answer, keep it coming :)

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