Saturday
April 19, 2014

Posts by cymber


Total # Posts: 6

Economics
What is the difference between less elastic and more elasic? and which is better?

Economics
A policy of average-cost pricing will intially ______ price for a natural monopoly, but as costs increase, price will _______. A. increase; not change B. decrease; increase C. decrease; not change D. increase; decrease

Economics
A policy of average-cost pricing will intially ______ price for a natural monopoly, but as costs increase, price will _______. A. increase; not change B. decrease; increase C. decrease; not change D. increase; decrease

Economics
thanks u so much!!

Economics
An increase in the price of a good A.increases the opportunity cost of consuming the good. B. decreases the opportunity cost of conusming the good. C. does not effect the oppurtunity cost of consuming the good. D. increases the opportunity cost of other goods.

Economics
As price falls along the elastic portion of a linear demand curve, _______ decrease while _______ increase. Answers. A. only price; quantity demanded , consumer surplus, and consumer expenditures B. consumer surplus and price; quantity demanded and consumer expenditures C. qua...

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