Top Posters
Since Sunday
L
3
d
3
y
3
a
3
n
3
d
3
e
3
d
3
c
3
p
3
M
3
a
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
hiusy98 hiusy98
wrote...
Go to Answer
Posts: 1526
Rep: 1 0
7 years ago
As macroeconomic conditions improve and consumers' incomes and wealth increase, their demand for many products tends to become ________ price inelastic. As such, the ability of firms to mark up price above cost will ________.
A) more; increase
B) more; decrease
C) less; increase
D) less; decrease
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 84 times
2 Replies
Replies
Answer verified by a subject expert
andyborziandyborzi
wrote...
#1
Posts: 449
Rep: 13 0
7 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

hiusy98 Author
wrote...
#2
7 years ago
I owe you my life lol
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1214 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 505
  
 228
  
 401
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 820
Previous poll results: How often do you eat-out per week?