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

What's the term for: unwilling to bend; unyielding

How to find the reference angle of -11pi/3 ?

What was the major purpose of the Truman Doctrine?

what is glossities and deficiency

I figured out the 1st question but I do not understand the second one...please show me step by step! Thank you!

write a system of equations and solvea class of 195 students went on a field trip. They took 7 vehicles,some cars and some buses. find the number of cars and nu

What's the other word a weak or lifeless feeling

What's the word for looking down on others; proud and scornful

What's the other term for: explosive or changing very quickly

what is glossities and deficiency