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Author Question: Jerry sells cherry sno-cones along the boardwalk in New Jersey. During the summer this is a ... (Read 95 times)

sdfghj

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Jerry sells cherry sno-cones along the boardwalk in New Jersey. During the summer this is a perfectly competitive business, and Jerry faces a perfectly elastic demand curve. If he wants to try to increase revenues he should


◦ raise the price of his sno-cones to make more per sale.
◦ lower the price of his sno-cones to try to sell more.
◦ keep the price the same but produce more to increase sales.
◦ do nothing; there is nothing he can do to increase revenue.


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Marked as best answer by sdfghj on Apr 19, 2019

momtoalll

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sdfghj

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Reply 2 on: Apr 19, 2019
YES! Correct, THANKS for helping me on my review


xiazhe

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Reply 3 on: Yesterday
Gracias!

 

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