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...
刷刷题APP(shuashuati.com)是专业的大学生刷题搜题拍题答疑工具,刷刷题提供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
d. there is no relationship between the quantity demanded of a good and the price of the good. ANS: B 21. Which of the following events will definitely cause equilibrium quantity to fall? a. demand increases and supply decreases b. demand and supply both decrease c. demand decreases and ...
Answer to: Perfectly inelastic demand occurs when the demand curve is vertical. True False By signing up, you'll get thousands of step-by-step...
A key factor was price elasticity of demand – a measurement of the change in consumption of a product, brand or category in relation to its price. We found: - A decrease of 1% in price brought relatively low incremental volume to the category, i.e., category volume is inelastic (-0.8...
Price Elasticity of Demand:Price elasticity of demand measures the likelihood of demand react to the variation of price. Demand Elasticity is either classified as "elastic," "inelastic," or "unit elastic."Answer and Explanation: Demand is elastic if the value of the price...
In the first model with supply noise, dealers submit more price-elastic demand curves in discriminatory auctions and relatively inelastic demand curves in uniform-price auctions. With low non-competitive demand, the discriminatory auction provides higher revenue. With high non-competitive demand, the ...
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Answer to: An appropriate fiscal policy response when aggregate demand is growing at a slower rate than aggregate supply is to cut taxes. True or...