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Other Fields Homework Help Economics Topic started by: Loraine on Jun 20, 2015



Title: Taco Bell firm raises the price of its tacos. The price elasticity of demand for Taco Bell tacos equ
Post by: Loraine on Jun 20, 2015
Taco Bell firm raises the price of its tacos. The price elasticity of demand for Taco Bell tacos equals 5.0. What happens to the Taco Bell's total revenue?
A) nothing
B) It increases.
C) It decreases.
D) It becomes negative.
E) It might change, but more information is needed to determine if it increases, decreases, or does not change.


Title: Re: Taco Bell firm raises the price of its tacos. The price elasticity of demand for Taco Bell tacos
Post by: Smoooth on Aug 11, 2015
Content hidden


Title: Re: Taco Bell firm raises the price of its tacos. The price elasticity of demand for Taco Bell tacos equ
Post by: Smoooth on Aug 31, 2015
My pleasure :-]