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 反馈 收藏
When demand is inelastic, a decrease in price will causeA.an increase in total revenue. B.a decrease in total revenue. C.no change in total revenue but an increase in quantity demanded. D.no change in total revenue but a decrease in quantity
When demand is inelastic, the effect dominates the effect. When supply is higher than demand, prices will? If a product has an inelastic demand, then ___. When a good is illegal, the supply curve is likely to be inelastic because (blank). Can...
When the demand for a good is inelastic, that good is likely to have:A.many close sub
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 ...
Is demand elastic if less than 1? If the value is less than 1,demand is inelastic. In other words, quantity changes slower than price. If the number is equal to 1, elasticity of demand is unitary. In other words, quantity changes at the same rate as price. ...
If goods demand is very elastic, firing costs have large negative effects on trend employment and investment, whereas the effects are small when demand is inelastic or not very elastic. The paper also analyses the relationship between trend employment, investment and firing costs under alternative ...
When the demand for a good is inelastic, that good is likely to have:A.many close substitutes.B.few close complements.C.few close substitutes.D.many close complements.的答案是什么.用刷刷题APP,拍照搜索答疑.刷刷题(shuashuati.com)是专业的大学职业搜题找答案,
Price and total revenue are inversely related when demand is: A、elastic. B、inelastic. C、unitary elastic. D、perfectly inelastic. 查看答案
If a demand curve is perfectly inelastic, the demand curve can be drawn as a horizontal line with price on the vertical axis and quantity on the horizontal axis. True or false? Explain why. The value of the price elasticity of demand is equal to the slope of the demand cur...