× Didn't find what you were looking for? Ask a question
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
New Topic  
alaska47 alaska47
wrote...
Posts: 5
Rep: 0 0
6 years ago
a)    Calculate the quantity effect and price effect of a price cut from $6 to $5. Estimate the change in total revenue due to the price cut. Explain your answer.

b)   Comment on the elasticity of the demand curve between the price range of $5 to $6. Explain your answer


Any help would be appreciated!!  Thanks in advance!!
Read 162 times

Related Topics

New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1211 People Browsing
 114 Signed Up Today
Related Images
  
 50
  
 294
  
 1196
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352