Top Posters
Since Sunday
d
4
N
3
3
R
3
k
3
o
3
Z
3
j
3
s
3
d
3
J
3
1
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
apadong apadong
wrote...
Go to Answer
Posts: 856
Rep: 1 0
7 years ago
Jerry sells cherry sno-cones along the boardwalk in New Jersey. During the summer this is a perfectly competitive business, and Jerry faces a perfectly elastic demand curve. If he wants to try to increase revenues he should
A) keep the price the same but produce more to increase sales.
B) lower the price of his sno-cones to try to sell more.
C) do nothing; there is nothing he can do to increase revenue.
D) raise the price of his sno-cones to make more per sale.
Read 192 times
4 Replies
Replies
Answer verified by a subject expert
Akshtsaklani21Akshtsaklani21
wrote...
#1
Top Poster
Posts: 604
Rep: 14 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

apadong Author
wrote...
#2
7 years ago
Update: Correct!
wrote...
#3
4 years ago
correct!
wrote...
#4
4 years ago
correct
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1639 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 283
  
 4493
  
 861
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: Where do you get your textbooks?