Top Posters
Since Sunday
e
5
e
4
4
d
4
R
4
o
3
p
3
t
3
3
m
3
p
3
m
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
nguyenduong67 nguyenduong67
wrote...
Go to Answer
Posts: 1028
Rep: 0 0
6 years ago
If a firm currently sells a product at a point where the price elasticity of demand is 0.5, the firm needs to raise the price to maximize its total revenue.
A) True
B) False
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
Read 76 times
1 Reply
Replies
Answer verified by a subject expert
tristiontristion
wrote...
#1
Top Poster
Posts: 717
Rep: 6 0
6 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

nguyenduong67 Author
wrote...

6 years ago
this is exactly what I needed
TheMoffattMan
wrote...

Yesterday
Smart ... Thanks!
erimis
wrote...

2 hours ago
Good timing, thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  957 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 155
  
 355
  
 878
Your Opinion
Do you believe in global warming?
Votes: 419
Previous poll results: What's your favorite math subject?