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asdoooeoe asdoooeoe
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3 years ago
Philippa grows lettuces commercially. This is a perfectly competitive business and Philippa faces a perfectly elastic demand curve. If she wants to try to increase revenues she should

▸ do nothing; there is nothing she can do to increase revenues.

▸ raise the price of her lettuces to make more per sale.

▸ lower the price of her lettuce to try to sell more.

▸ keep the price the same but produce more to increase sales.
Textbook 
Essential Economics for Business

Essential Economics for Business


Edition: 5th
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christinaalexchristinaalex
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3 years ago
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asdoooeoe Author
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3 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Starfiew
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This calls for a celebration Person Raising Both Hands in Celebration
Cdfields
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2 hours ago
Thanks
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