sakotaco9784 sakotaco9784
  • 01-08-2017
  • Business
contestada

If a business decreases the price of its product and the product is elastic what happens to the total revenue of the business

Respuesta :

Etta217
Etta217 Etta217
  • 15-08-2017
The revenue then increases. Decreasing your costs implies you'll gather more income from each buy a client makes. Expecting your volume, normal exchange size, and recurrence remains the same, raising your costs will acquire more income for a similar measure of exertion.
Answer Link

Otras preguntas

Which is a healthy coping strategy that Noah can use if he begins to feel depressed
Which function is performed by Earth's magnetic field? O A. Charged particles from the sun are prevented from reaching Earth. O B. Light radiation is converted
help me please will give brainliest ​
the following box plot shows the number of hours students have spent of math this week. what information can you get from this? a. the median number of hours s
The earliest train Brian can catch
Please help it’s for geometry
Gas costs $1.64 a gallon. Elaine spent $23.78 at a gas station. How many gallons of gas did she buy? (Tell me how you got the answer)
molecular weight of the NH3​
Explore the football industry of pakistan
Find any points of discontinuity for y = 5x+6/x2+6x+9