Top Posters
Since Sunday
e
4
h
4
h
4
m
3
d
3
B
3
o
3
w
3
H
3
a
3
c
3
k
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
thanhha78 thanhha78
wrote...
Go to Answer
Posts: 1645
Rep: 0 0
7 years ago
Suppose that there is only one seller in the computer industry. If the demand curve that the only seller in the industry faces is a straight-line, downward sloping curve, at which point would the seller's total revenue be maximized?
A) at a point high on the demand curve, where elasticity is elastic
B) at a point low on the demand curve, but not at the very bottom
C) at the highest point on the demand curve, where price is the highest
D) at the midpoint of the demand curve, where elasticity is unitary
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
Read 36 times
2 Replies
Replies
Answer verified by a subject expert
trumpetsoflifetrumpetsoflife
wrote...
#1
Top Poster
Posts: 741
Rep: 5 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

thanhha78 Author
wrote...
#2
6 years ago
thnkkkkk .. always right
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1282 People Browsing
 240 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 354
  
 201
  
 923
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 300
Previous poll results: Who will win the 2024 president election?