
ECON MACRO 5th Edition by William McEachern
النسخة 5الرقم المعياري الدولي: 978-1305631946
ECON MACRO 5th Edition by William McEachern
النسخة 5الرقم المعياري الدولي: 978-1305631946 تمرين 3
CATEGORIES OF PRICE ELASTICITY OF DEMAND For each of the following absolute values of price elasticity of demand, indicate whether demand is elastic, inelastic, perfectly elastic, perfectly inelastic, or unit elastic. In addition, determine what would happen to total revenue if a firm raised its price in each elasticity range identified.
a. E D = 2.5
b. E D = 1.0
c. E D = ?
d. E D = 0.8
a. E D = 2.5
b. E D = 1.0
c. E D = ?
d. E D = 0.8
التوضيح
Degrees of Price Elasticity of Demand a...
ECON MACRO 5th Edition by William McEachern
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