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

What is romeo and juliet and to kill a mockingbird about?
Which of these was the least important aspect of imperialism in the period following european industrialization? a. the state sponsorship of christian missions
Determine the EXACT value of: a) 1 1/2 - 2/5 over 4 2/5 × 3/4giving your answer correct to 2 significant figures
Please help me on this thank you all
is an integer multiplied by an integer is an integer always, sometimes, or never
How to put this in $799.73 in numeric please help thank you
Which third party is most likely to support a campaign aimed specifically at addressing the issue of global warming? Explain your answer in three sentences or m
The acceleration of gravity on earth is approximately 10 m/s2 (more precisely, 9.8 m/s2. if you drop a rock from a tall building, about how fast will it be fall
How find the area of a parallelogram when base 9 feet and the side is 8/9 feet
The circumference of a circle is 12π meters. find the​ circle diameter.