ythntdxnhny2927 ythntdxnhny2927

04-03-2022
Business

contestada

If the demand for apples is elastic, then a 5 percent increase in the price of apples will result in

Respuesta :

depresedsunflower depresedsunflower

04-03-2022

Answer:

If the price elasticity of demand for apples is 0.6, then a 5.0% increase in the price of apples will decrease the quantity demanded of apples by 3.0%, and apples sellers' total revenue will increase as a result.

Explanation:

Answer Link

Otras preguntas

What is the name (based on the Assyrian word for “raised up” or “high”) of a structure that was meant to connect the people and the gods?

Major city-states in eastern and western Africa frequently shared successful trading as a foundation. What characteristics of their locations would make this

A couple whose conversation goes like this "i hate that you always leave the car with an empty gas tank" "well, i hate that you always park the car under the tr

which describes the major cause of the French and Indian War? A. religious persecution of Catholics in Virginia B. competition between France and England

Find the coefficient of x in the expansion of (5x+8)^3

10h + 12 = 8h + 4 (Finding Common Denominator)

Geometry (19) Study Guide My answer: x = 11 so 2(11) - 6 = 16, FG = 16

Why do wants and needs influence our perception?

According to the diagram in which layer would most likely find coal deposits

given that a+2b:2a-b=5:1 determine the ratio of a:b