Buscar
Estás en modo de exploración. debe iniciar sesión para usar MEMORY

   Inicia sesión para empezar


Por supuesto:

Economics A Level (DONEEEEEEE)

» Iniciar este curso
(Practica preguntas similares gratis)
Pregunta:

How can the Price Elastic Demand change over a Demand Curve? [For a Normal Good] -What happens to Revenue therefore?

Autor: eric_galvao



Respuesta:

-It begins at Negative Infinity - High Price but 0 Demand -Then eventually reaches -1 at the Midway, and then to 0 when Price = 0 -Revenue will be Constantly Changing therefore. Total Revenue will be when the PED is - or + 1.


0 / 5  (0 calificaciones)

1 answer(s) in total