Pollytheboss8313 Pollytheboss8313

31-01-2022
Business

contestada

Suppose the total-revenue curve is derived from a particular linear demand curve. That demand curve must be: __________

a. inelastic for price increases that reduce quantity demanded from 4 units to 3 units.
b. unit elastic for price increases that reduce quantity demanded from 5 units to 4 units.
c. inelastic for price declines that increase quantity demanded from 2 units to 3 units.
d. elastic for price declines that increase quantity demanded from 5 units to 6 units.

Respuesta :

11-02-2022

The answer is C. inelastic for price declines that increase quantity demanded from 2 units to 3 units.

This question is about the demand curve.

Demand Curve

Demand curve represents a relationship between price of a product and its quantity demanded for a given period of time.

If total revenue curve is derived from particular linear demand curve then the demand curve must be inelastic for price declines.

The correct answer is c. inelastic for price declines that increase quantity demanded from 2 units to 3 units.

Learn more business at https://brainly.com/question/26410717

Answer Link

Otras preguntas

"I believe that it must be the policy of the United States to support free peoples who are resisting attempted subjugation by armed minorities or by outside pre

Ann wants to buy a building. The annual NOI for the building will be $165,000. She wants to get a 20 year interest only fixed rate mortgage at an annual rate of

Shawn's supervisor has tasked him with determining how the company can increase the security of its Wi-Fi. Shawn plans to present several options to his supervi

A cargo ship is carrying nine shipping crates. Each rate is equal in , and the total mass of all nine crates is 4,707 kilograms. What is the main ilograms of ea

what is the difference between centroid orthocentre and circumcentre

John divided his souvenir hat pins into two piles. The two piles had an equal number of pins. He gave his brother one-half of one-third of one pile. John had 66

Giada Foods reported $910 million in income before income taxes for 2018, its first year of operations. Tax depreciation exceeded depreciation for financial rep

If you want to evaluate the effects of noncontingent reinforcement on repetitive behavior, and you only have one client who engages in this behavior, what desig

Why does the author use the words “bayonet-pointed” (line 4) and “fence of draggers” (line 9) to describe the leaves of the yucca tree?

The 8.1 N weight is in equilibrium under the influence of the three forces acting on it. The F force acts from above on the left at an angle of with the horizon

ACCESS MORE EDU ACCESS