When demand is inelastic the price elasticity of demand is A. less than 1, and price
百度试题 题目When demand is inelastic, a decrease in price will cause___.相关知识点: 试题来源: 解析 a decrease in total revenue
When demand is inelastic, a decrease in price increases total revenue. A.正确 B.错误 点击查看答案进入小程序搜题 你可能喜欢 反射系数的模值取值范围为( ) A、(-1,1) B、[-1,1] C、(0,1) D、[1,+∞) 点击查看答案进入小程序搜题 下列( )字符串能作为VB中的变量名。 A. ABCDEFG B. P000...
百度试题 题目When demand is inelastic the price elasticity of demand is 相关知识点: 试题来源: 解析 less than 1, and price and total revenue will move in the same direction.
【单选题】When demand is inelastic, a decrease in price will cause A. an increase in total revenue. B. a decrease in total revenue. C. no change in total revenue. D. there is insufficient information to answer this question. 查看完整题目与答案 【简答题】A、B、C、D、E五...
When is demand inelastic?Price Elasticity of Demand:Price elasticity of demand (PED) is a measure of how sensitive consumers are to a change in the price of a good or service. The PED is equal to the percentage change in the quantity demanded divided by the percentage change in the price...
百度试题 题目A binding price floor will reduce a firm's total revenue A.always.B.when demand is elastic.C.when demand is inelastic.D.never.相关知识点: 试题来源: 解析 B 反馈 收藏
d. none of the above; a price ceiling is never binding. ANS: C 28. When demand is inelastic within a certain price range, then within that price range, a. an increase in price would increase total revenue because the decrease in quantity demanded is proportionately less than the increase ...
Price and total revenue are inversely related when demand is: A、elastic. B、inelastic. C、unitary elastic. D、perfectly inelastic. 查看答案
When the demand for a good is inelastic, that good is likely to have:A.many close sub