sakotaco9784 sakotaco9784
  • 01-08-2017
  • Business
contestada

If a business decreases the price of its product and the product is elastic what happens to the total revenue of the business

Respuesta :

Etta217
Etta217 Etta217
  • 15-08-2017
The revenue then increases. Decreasing your costs implies you'll gather more income from each buy a client makes. Expecting your volume, normal exchange size, and recurrence remains the same, raising your costs will acquire more income for a similar measure of exertion.
Answer Link

Otras preguntas

In which 0.01 M solution is phenolphthalein pink? (1) CH3OH(aq) (3) CH3COOH(aq) (2) Ca(OH)2(aq) (4) HNO3(aq)
Which process requires an external power source?(1) neutralization (3) fermentation(2) synthesis (4) electrolysis
what was the outcome of a siege
1. Line segment AC touches the circle at a single point B. Line segment OB extends through the center of the circle. a. What is li
Why there are so many questions in different languages on this site?
Which type of emission has the highest penetrating power? (1) alpha (3) positron (2) beta (4) gamma
In which 0.01 M solution is phenolphthalein pink? (1) CH3OH(aq) (3) CH3COOH(aq) (2) Ca(OH)2(aq) (4) HNO3(aq)
What is the area under the curve as shown below? Explain how you got the answer
Which type of reaction occurs when a high energy particle collides with the nucleus of an atom, converting that atom to an atom of a different element? (1) addi
In which 0.01 M solution is phenolphthalein pink? (1) CH3OH(aq) (3) CH3COOH(aq) (2) Ca(OH)2(aq) (4) HNO3(aq)