Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Ryanteck Ryanteck
wrote...
Go to Answer
Posts: 559
Rep: 0 0
6 years ago
At a price of $11, quantity demanded is 90; and at a price of $9, quantity demanded is 110. Since total revenue ________ by the price decrease, demand must be ________.
A) is unchanged; unit elastic
B) is unchanged; elastic
C) is increased; elastic
D) is decreased; inelastic
Read 89 times
1 Reply
Replies
Answer verified by a subject expert
goldlilysgoldlilys
wrote...
#1
Top Poster
Posts: 704
Rep: 16 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
1

Related Topics

Ryanteck Author
wrote...

6 years ago
Thanks
logbi
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
IvanaVR
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1372 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 876
  
 336
  
 241