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Serga [27]
2 years ago
11

True or False: Given the demand curve for EpiPens, you should tell Mylan CEO that total revenue will decrease if she raises the

price of EpiPens because the demand curve in this region is relatively inelastic.
Business
1 answer:
Colt1911 [192]2 years ago
3 0

"Given the demand curve for EpiPens, you should tell Mylan CEO that total revenue will decrease if she raises the price of EpiPens because the demand curve in this region is relatively inelastic." this is False. Option B.  This is further explained below.

<h3>What is the demand curve?</h3>

Generally, a graphical representation of the relationship between the price of a product or service and its quantity demanded.

In conclusion, Given the shape of the EpiPen demand curve in this area, the statement that "total income would decline if she increases the price of EpiPens" is false.

Read more about the demand curve

brainly.com/question/13131242

#SPJ1

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Answer:

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After decreasing Nominal &amp; Real GDP, the Federal Reserve will_______.
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3 years ago
Consideration in a bilateral contract always involves both:______.A. A legal benefit and a legal detriment.B. A legal waiver and
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Answer:

A. A legal benefit and a legal detriment.

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In contract law, consideration refers to the benefit element of value that must be bargained between the two parties.

Consideration always includes a legal benefit because you are going to receive some consideration from the other party, but it also involves a legal detriment because you are also giving away something of value (consideration) in exchange to the other party. E.g. you buy a hamburger (you receive food) but you must pay for it (you exchange money).

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3 years ago
Self-management is about (1) knowing who you are and what you want to accomplish in your life, and (2) making these things happe
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4 0
3 years ago
A fleet of refrigerated delivery trucks is acquired on January 5, 2017, at a cost of $900,000 with an estimated useful life of 1
gavmur [86]

Answer:

depreciation expense 2017 = $180,000

depreciation expense 2018 = $144,000

depreciation expense 2019 = $115,200

Explanation:

purchase cost $900,000

estimated useful life 10 years

depreciation expense using double declining method = 2 x regular straight method depreciation rate x purchase cost

depreciation expense 2017 = 2 x 1/10 x $900,000 = $180,000

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