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
Aleks04 [339]
3 years ago
13

When the price of a service increases by 5% and the quantity demanded decreases by 5%, total revenue remains unchanged. True or

False?
Social Studies
1 answer:
lisov135 [29]3 years ago
4 0
True because supply and demand would still have the same ratio
You might be interested in
What were the conflicting<br> responses to the war from<br> black leaders?
yan [13]

Answer:

Explanation:

Aiello has also pinpointed some present-day conflicts among black leaders, particularly between Dr. Cornel West and Melissa Harris-Perry. West has criticized Harris-Perry and Rev. Al Sharpton for their support of President Barack Obama, who he feels has turned his back on black people.

8 0
3 years ago
Which of the following correctly describes how a​ firm's monopoly power would​ decrease? A. If the production process includes m
fenix001 [56]

Answer: B. If the market demand curve becomes more​ elastic, the​ firm's demand curve will become more elastic

Explanation:

Monopoly is a market structure whereby there is just one single supplier for a particular good or service. The monopolist controls the price.

We should note that the monopolist enjoys market power due to theofact that its product has an inelastic demand that is, a price change will have a minimal impact on the demand.

But the monopoly power will reduce in a case whereby the market demand curve becomes more​ elastic, then the firm's demand curve will become more elastic as well.

8 0
2 years ago
G
Mice21 [21]
The answer is B because it makes sense
6 0
3 years ago
Which of these describes an effect that cell phones and the Internet have both had on society?
iris [78.8K]

Answer:

a

Explanation:

5 0
2 years ago
Real estate assets
Anon25 [30]

The top 20% percent of U.S. households receive approximately 86% of the total U.S. Income.

Explanation:

The reason that the top 20% percent of U.S. households receive approximately 86% of the total U.S. Income is that the wage divide is effected and kept up by the institutional laws and the way american businesses work.

There is not enough incentive on healthcare and welfare schemes which keeps the poor of the country poor while the rich and the upper middle class are designed to not fall off from their stature with better bankruptcy laws and pardons.

5 0
3 years ago
Other questions:
  • Constructionist theory suggest that _____________.
    13·1 answer
  • According to​ herzberg, the opposite of​ "satisfaction" is​ "dissatisfaction."
    7·1 answer
  • BRAINLIEST TO FIRST ANSWER :
    11·2 answers
  • Piaget referred to babies as “little scientists” when they are in the _____ stage
    9·1 answer
  • If the printed program at a concert indicated that the first movement of a symphony was titled Allegro and the second Andante, y
    12·1 answer
  • What is 5 kg on mars?
    12·1 answer
  • TRUE OR FALSE: The President has the power to forgive, delay, or reduce punishments for people who have been convicted of federa
    15·1 answer
  • The fact that memories emerge most efficiently when the context of retrieval matches the context of encoding is known as:_______
    9·1 answer
  • ASAP PLSSS
    11·2 answers
  • According to the occupational stress model, thwarted ambition is a source of stress that is related to?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!