Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Loraine Loraine
wrote...
Go to Answer
Posts: 4563
Rep: 33 0
8 years ago
A firm raises the price it charges. The firm's total revenue does not change. What can we conclude about the price elasticity of demand?
A) Demand is elastic.
B) Demand is unit elastic.
C) Demand is inelastic.
D) Demand is perfectly elastic.
E) Not enough information is given to conclude anything about price elasticity of demand.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 198 times
2 Replies
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
Replies
Answer verified by a subject expert
SmooothSmoooth
wrote...
#1
Top Poster
Posts: 5500
Rep: 381 0
8 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

wrote...
#2
8 years ago
Don't mention it Happy Dummy
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  916 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 291
  
 621
  
 59
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352
Previous poll results: Which of the following is the best resource to supplement your studies: