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

Author Question: If, when the price falls, total revenue increases, demand is (Read 94 times)

pane00

  • Hero Member
  • *****
  • Posts: 579
on: May 24, 2019
If, when the price falls, total revenue increases, demand is
◦ elastic.
◦ inelastic.
◦ unit elastic.
◦ perfectly inelastic.
◦ None of these answers is correct because total revenue always decreases when the price of the good falls.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by pane00 on May 24, 2019

bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


pane00

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: May 24, 2019
Thanks


bobsmith

  • Sr. Member
  • ****
  • Posts: 316
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Gene duplication increases genetic complexity Gene duplication increases genetic complexity
An Oil-dependent World— Supply and Demand Driven An Oil-dependent World— Supply and Demand Driven
Attention and memory are in demand during circle time. Attention and memory are in demand during circle time.
Types of ecosystem service vs. total global value per year Types of ecosystem service vs. total global value per year
What's Your BMI? As your BMI increases, you are more likely to be overweight or obese What's Your BMI? As your BMI increases, you are more likely to be overweight or obese
Crossing over in prophase I increases genetic variation Crossing over in prophase I increases genetic variation
Video: Vascular tissues in a corn stem and a buttercup root

For a complete list of videos, visit our video library