Top Posters
Since Sunday
d
4
4
N
3
3
R
3
k
3
o
3
Z
3
j
3
s
3
d
3
J
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ryanteck Ryanteck
wrote...
Go to Answer
Posts: 559
Rep: 0 0
7 years ago
When the price of fresh fish increases 10%, quantity demanded decreases 5%. The price elasticity of demand for fresh fish is ________ and total revenue from fresh fish sales will ________.
A) inelastic; decrease
B) elastic; decrease
C) inelastic; increase
D) elastic; increase
Read 90 times
1 Reply
Replies
Answer verified by a subject expert
DeToXiFYDeToXiFY
wrote...
#1
Top Poster
Posts: 668
Rep: 11 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Ryanteck Author
wrote...

7 years ago
Thanks
Katey_maree
wrote...

Yesterday
Helped a lot
vanna2014
wrote...

2 hours ago
Just got PERFECT on my quiz
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1502 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 249
  
 355
  
 131
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 484
Previous poll results: Who's your favorite biologist?