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



Title: A firm raises the price it charges. The firm's total revenue does not change. What can we conclude a
Post by: Loraine on Jun 20, 2015
A firm raises the price it charges. The firm's total revenue does not change. What can we conclude about the price elasticity of demand?
A) Demand is elastic.
B) Demand is unit elastic.
C) Demand is inelastic.
D) Demand is perfectly elastic.
E) Not enough information is given to conclude anything about price elasticity of demand.


Title: Re: A firm raises the price it charges. The firm's total revenue does not change. What can we conclu
Post by: Smoooth on Aug 11, 2015
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Title: Re: A firm raises the price it charges. The firm's total revenue does not change. What can we conclude a
Post by: Smoooth on Aug 31, 2015
Don't mention it :-]