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. quantity demanded and price; consumer surplus and consumer expenditures
D. consumer expenditures, quantity demanded, and price; consumer surplus

  1. 👍 0
  2. 👎 0
  3. 👁 315
asked by cymber
  1. As a tie breaker, I would join with mister and go with A

    1. 👍 0
    2. 👎 0
  2. a

    1. 👍 0
    2. 👎 0
    posted by n

Respond to this Question

First Name

Your Response

Similar Questions

  1. microeconomics

    When agricultural production increases , the total amount paid for agricultural products tends to a. increase because demand is price elastic b. decrease becasue deamn is price elastic c. increase because demand is price inelastic

    asked by Karinna on March 14, 2009
  2. Microeconomics

    When agricultural production increases , the total amount paid for agricultural products tends to a. increase because demand is price elastic b. decrease becasue deamn is price elastic c. increase because demand is price inelastic

    asked by Karinna on March 14, 2009
  3. Economics

    A firm is currently producing in the elastic portion of its demand curve. What course of action do you recommend for it assuming it wants to raise revenue? Continue producing at the current output level, because it maximizes its

    asked by Ami on November 19, 2011
  4. microeconomics

    Question 17 of 20 5.0 Points On a linear demand curve, demand is ________ at small quantities than it is at the middle of the demand curve. A. less elastic B. equally elastic C. more elastic D. impossible to tell

    asked by tg on August 27, 2013
  5. Microeconomics

    Larry, Moe, and Jo run the only saloon in town. Larry wants to sell as many drinks as possible without losing money. Jo wants the saloon to bring in as much revenue as possible. Moe wamts to make the largest possible profits.

    asked by Alex on December 8, 2006
  1. Public adminstration

    The demand for desk lamp is linear,and the price of desk is $30.the demand curve for desk lamp then shifts out parallel to itself in response to increase in consumer income.prove that the demand for desk lamps become less price

    asked by Nan on August 27, 2017
  2. macroeconomics

    1 The most important reason for the slope of the aggregate demand curve is that as the price level _______. 1) increases, interest rates decrease, and investment increases 2) decreases, interest rates decrease, and investment

    asked by youngcity on December 16, 2008
  3. Economics: Market Equilibrium

    Question: The market for shoes in 1997. Between 1997 and 1998, the equilibrium price of shoes remained constant, but the equilibrium quantity of shoes decreased. From this, you can conclude that between 1997 and 1998, the supply

    asked by Anonymous on September 19, 2008
  4. Economics

    I think I get this but could use some guidance to make sure, I am having problems with 2e). 1)In an article about the financial problems of USA Today, Newsweek, reported that the paper was losing about $20 million a year. A Wall

    asked by Ed on June 19, 2007
  5. MicroEconomics

    Have shown my answers to these 14 problems,that I thought were correct. Do you mind letting me know what you think. Thank you so much. Anything will help!! I have placed an ****. By the ones I think are right!! 7. If equilibrium

    asked by Danielle on August 14, 2010

More Similar Questions