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Author Question: If the demand for a good is price inelastic and the good price is increased, then the marginal ... (Read 140 times)

tichca

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on: Jul 1, 2018
If the demand for a good is price inelastic and the good price is increased, then the marginal revenue (MR) received by the seller will
 
  A) not change.
  B) decrease.
  C) increase.
  D) Cannot be determined from this information

Question 2

The Earned Income Tax Credit replaced many government transfer programs.
 
  a. True b. False


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Missbam101

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

C

Answer to Question 2

b


tichca

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

billybob123

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Reply 3 on: Yesterday
Wow, this really help

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