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

Author Question: If total revenue remains constant after price is increased, demand is (Read 36 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
on: May 25, 2020

Question 1

If total revenue increases after a price increase, demand is
◦ inelastic.
◦ elastic.
◦ perfectly elastic.
◦ unitarily elastic.

Question 2

If total revenue remains constant after price is increased, demand is
◦ perfectly elastic.
◦ unitarily elastic.
◦ inelastic.
◦ perfectly inelastic.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by swpotter12 on May 25, 2020

bpool94

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: May 25, 2020
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


swpotter12

  • Member
  • Posts: 527
Reply 2 on: May 25, 2020
Wow, this really help

momolu

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Eclipse Paths for Total and Annular Eclipses 2001–2020 Eclipse Paths for Total and Annular Eclipses 2001–2020
Forms of primary adult glaucoma: (a) in chronic open-angle glaucoma, the anterior chamber angle rema Forms of primary adult glaucoma: (a) in chronic open-angle glaucoma, the anterior chamber angle rema
The Krapina remains may provide evidence of cannibalism by some Neadertals. The Krapina remains may provide evidence of cannibalism by some Neadertals.
The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap The explosion of the Maine in Havana harbor, killing 260 men, caused much speculation in the newspap
Total radiative forcing ~1.63 Wm-2 Total radiative forcing ~1.63 Wm-2
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library