ythntdxnhny2927 ythntdxnhny2927

04-03-2022
Business

contestada

If the demand for apples is elastic, then a 5 percent increase in the price of apples will result in

Respuesta :

depresedsunflower depresedsunflower

04-03-2022

Answer:

If the price elasticity of demand for apples is 0.6, then a 5.0% increase in the price of apples will decrease the quantity demanded of apples by 3.0%, and apples sellers' total revenue will increase as a result.

Explanation:

Answer Link

Otras preguntas

Olivia became interested in the fossil evidence that Wegener used to form his hypothesis of continental drift. How did fossils show that the continents were onc

if you complete 13%of a problem in 3 hrs how long will it take to get 100% of the problem completed?

3 types of insomnia?Why does "type" of insomnia matter?

use elimination to find the system x+2y=20 and 2x +y=19

Write a one-paragraph journal entry from the perspective of a participant of the Lewis and Clark expedition, explaining your feelings and expectations as you se

What is the challenge of the Cabinet Issue - National Bank

Which living expense needs to be included in the budget of someone renting an apartment?A. taxesB. insuranceC. down paymentD. maintenance

prevalances of ANXIETY among adult

"To kill a mockingbird"How do Lee's specific language choices contribute to the overall suspense of chapter 15?

I NEEEEEEED HELPPPPPPP