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Home Q & A Board Other Fields Homework Help Business Economics
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frenchtoast frenchtoast
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Posts: 300
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5 years ago
Suppose the absolute price elasticity of demand for magazine subscriptions is 1.5. In order to increase the total revenues from subscriptions, the publishers should
A) increase the price of the newsletters.
B) reduce the price of the newsletters.
C) sell the newsletters on the inelastic portion of its demand curve.
D) keep the price the same.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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foxrcng11foxrcng11
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#1
Posts: 130
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5 years ago
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frenchtoast Author
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5 years ago
Correct Slight Smile TY
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Thank you, thank you, thank you!
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