1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
devlian [24]
3 years ago
14

When demand is unit​ elastic, a change in price causes total revenue to stay the same because A. total revenue never changes wit

h price changes. B. the percentage change in quantity demanded exactly offsets the percentage change in price. C. the change in profit is offset by the change in production cost. D. buyers are buying the same quantity.
Business
1 answer:
Keith_Richards [23]3 years ago
8 0

Answer:

B. the percentage change in quantity demanded exactly offsets the percentage change in price

Explanation:

Unit elastic demand is an economic theory that assumes a change in price will cause an equal proportional change in quantity demanded.

You might be interested in
A contract is said to be implied if the A. Seller signs a listing agreement B. Buyer signs a buyer representation agreement C. p
TiliK225 [7]

Answer:

D. agreement of the parties is demonstrated by their acts and conduct

Explanation:

An implied contract is a contract that exists based on the actions of those involved. Though it is not a written or spoken contract, it is just as legal. A contract is assumed to exist based on the behaviors of the parties to it.

8 0
3 years ago
The key lesson regarding symptoms is that they:
nordsb [41]
The answer is d i think
5 0
3 years ago
Read 2 more answers
You received $50 as a birthday gift and chose to spend it on new wallpaper for your room. The opportunity
Pavlova-9 [17]

Answer:

its 20

Explanation:

8 0
3 years ago
2. Working with Numbers and Graphs Q2 Kevin is a baseball player who earns $800,000 per year playing for team X. If he weren't p
ddd [48]

Answer:

The economic profit will be of 80,000 as We have to discount the opportunity cost, which is the best alternative to each factor. In this case Kevins potential wages if not playing for team X would be team Y which is 720,000 therefore the economic gain for playing in team X is 80,000

Explanation:

4 0
3 years ago
Which of the following factors increases pressures for cost reductions? a. Meaningful differentiation between products b. Reduce
Finger [1]

Answer:

c. Persistent excess capacity

Explanation:

Cost reduction is a process of reducing expenditure in a planned manner. The process of cost reduction requires continuity of cost analysis. The elements which are not of any use or contribute anything to the factors of the production are eliminated through this process. The elements of cost are examined critically before their elimination.

8 0
3 years ago
Other questions:
  • In 1904 the us supreme Court for the first time enforced the sherman antitrust act against a company accused of having formed a
    9·1 answer
  • Discuss the actions taken by the read_item and write_item operations on a database.
    13·1 answer
  • The journal entry to record the transfer of units from Process 1 to the Process 2 in process costing is:
    14·1 answer
  • PLEASE ANSWER ASAP WORTH 15 POINTS!!
    9·2 answers
  • Suppose you have some extra money to invest for 1 year. After a​ year, you will need to sell your investment to pay tuition. Aft
    9·1 answer
  • Healthy Life Co. is an HMO for businesses in the Fresno area. The following account balances appear on Healthy Life’s balance sh
    7·1 answer
  • How is rocks made will give brainliest if right
    13·1 answer
  • Uber is considering adding a service to their current offering. Instead of picking up people and taking them to their destinatio
    14·1 answer
  • Alford Hardware had a profit margin of 12.7% and return on assets of 10.8% in 2022. What was their asset turnover?
    7·1 answer
  • Greeting is the initial stage of the personal selling process that allows the sales person to "break the ice with the prospect.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!