Wednesday
April 16, 2014

Homework Help: Economics

Posted by Rosa on Tuesday, January 19, 2010 at 1:18am.

If demand is price elastic, total revenue is
a.directly related to quantity demanded
b.inversely related to quantity demanded
c.directly related to price
d.directly related to price and inversely related to quantity demanded
e.not related to either price or to quantity demanded

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Econ T/F - yes, its a true or false question is this a true or false question? ...
Further calculus - 1) A price p (in dollars) and demand x for a product are ...
HELP i dont get it - The producer of X is contemplating a price change and has ...
Economics - As price falls along the elastic portion of a linear demand curve, ...
math - The quantity demanded x (in units of a hundred) of the Mikado miniature ...
math - The quantity demanded x (in units of a hundred) of the Mikado miniature ...
math - The sunshine bakery sells pies at a fixed price o p dollars per pie. The ...
Math - Suppose the quantity demanded per week of a certain dress is related to ...
calcullus - Suppose the quantity demanded per week of a certain dress is ...
home economics - Suppose that 200 gallons of gasoline are demanded at a ...

Search
Members