Answer:
<h2>Revenue will decrease</h2>
Step-by-step explanation:
Note: the question did not provide the quantity to work with, so we will assume some values, say quantity Q= 30
Generally, it is normal for the revenue to decrease when the price of a commodity increase, this is so that buyer will have to react to adjust to the change in price.
When price increase from $50 to $60, the total revenue will decrease
let say the quantity Q1=30 , and the new quantity after price increase is Q2=20
1. The revenue PxQ before price change will be
PxQ= P1xQ1=50*30
PxQ= $1500
1. The revenue PxQ after price change will be
PxQ=P2xQ2= 60*20
P2xQ2= $1200
This clearly shows that based on the assumed data, the total revenue will drop from1500 to 1200, a total of $300 in a decrease
62525262626
Step-by-step explanation:
52525252+45541537948-5751576544+4246-5484-24848+2757%
Answer:
I might be wrong, but I'll help anyway.
Step-by-step explanation:
The is either 2700 or 640.
Answer:
A
Step-by-step explanation:
1 ft = 12 inches
2 ft = 24 inches
24 inches + 3 inches = 27 inches
