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samilee samilee
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5 years ago
If the bus fare of a city increases from $1.00 to $1.10 per ride and as a result total revenue increases, then we know that
A) percentage change in fare is less than percentage change in number of rides.
B) percentage change in fare is greater than percentage change in number of rides.
C) percentage change in fare is equal to the percentage change in number of rides.
D) it is impossible to tell.
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Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
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samilee Author
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5 years ago
Above and beyond my expectations for this site
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