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Other Fields Homework Help Economics Topic started by: Tidy on Jun 21, 2015



Title: Suppose when Nablom's Bakery raised the price of its breads by 10 percent, the quantity demanded fel
Post by: Tidy on Jun 21, 2015
Suppose when Nablom's Bakery raised the price of its breads by 10 percent, the quantity demanded fell by 15 percent. What was the effect on sales revenue?
A) Sales revenue increased.
B) Sales revenue remained unchanged.
C) Sales revenue decreased.
D) It cannot be determined without information on prices.


Title: Re: Suppose when Nablom's Bakery raised the price of its breads by 10 percent, the quantity demanded
Post by: Smoooth on Jul 29, 2015
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Title: Re: Suppose when Nablom's Bakery raised the price of its breads by 10 percent, the quantity demanded fel
Post by: Smoooth on Aug 31, 2015
Don't mention it :-]