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Author Question: Suppose that you observe that as a TV manufacturer increases its price its total revenue decreases. ... (Read 103 times)

gonzo233

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on: Jul 20, 2019
Suppose that you observe that as a TV manufacturer increases its price its total revenue decreases. This could be due to:
◦ demand being price inelastic.
◦ demand being price elastic.
◦ demand being perfectly price inelastic.
◦ demand being unitary elastic.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by gonzo233 on Jul 20, 2019

aadams68

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Reply #1 on: Jul 20, 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.
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gonzo233

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Reply #2 on: Jul 20, 2019
Excellent


aadams68

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Reply #3 on: Jul 20, 2019
Great! Please up vote :D


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