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

PLEASE HELP ASAP :)) Square A'B'C'D' sa dilation of square ABCD What is the seale factor? Enter your answer in the box.
According to the passage, which terms best describe the tactics of Indian nationalists? nonviolent and obedient nonviolent and effective violent and disobedient
Names ¿Cómo te llamas? – What's your name?Me llamo ________. – My name is _________.Ella – She / HerÉl – He / HimÉl se llama ___________. – His name is _______.
In a right-angled triangle ,right angled at B,if AB=5cm andAC=13cm ,then BC=
You are at home watching TV. Your mom calls and asks what you are doing. What do you say?
PLEASE HELP ME OUTTT
ssay in which you focus on the following:• Why young people find the transition between school and university challenging? (4What are the causes for students to
Legends will get a heart ❤️ if they get this right​
HOW DO I SOLVE THIS PROBLEM AND WHAT IS THE ANSWER PLZZZZZZZZZZ HELP ME I NEED YOU HELP I WILL GIVE YOU HALF OF MY POINTS IF YOU HELP ME I WILL ALSO GIVE BRAINL
Tribes of which region used buffalo for clothes shelter and artwork