
Macroeconomics 19th Edition by Campbell McConnell , Stanley Brue,Sean Flynn
النسخة 19الرقم المعياري الدولي: 978-0077337728
Macroeconomics 19th Edition by Campbell McConnell , Stanley Brue,Sean Flynn
النسخة 19الرقم المعياري الدولي: 978-0077337728 تمرين 3
Suppose that the total revenue received by a company selling basketballs is $600 when the price is set at $30 per basketball and $600 when the price is set at $20 per basketball. Without using the midpoint formula, can you tell whether demand is elastic, inelastic, or unit-elastic over this price range?
التوضيح
The demand is unit-elastic over this pri...
Macroeconomics 19th Edition by Campbell McConnell , Stanley Brue,Sean Flynn
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