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34kurt
3 years ago
5

I need help is it A B C or D

Social Studies
2 answers:
Rus_ich [418]3 years ago
7 0
I am not certain but i think it is B
allochka39001 [22]3 years ago
4 0
I think It is the senate
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<u>Question 1</u>

The correct answer is: "FALSE".

The total revenue earned by a firm is computed using the formula:

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According to the formula, if the term "price" increases, R would increase too. But an increase in price usually decreases the amount demanded by consumers of a certain product. Therefore, if quantity demanded drops in a higher proportion than the increase in price, the final total revenue would decrease. So the final effect depends on the size of the two variations.

<u>Question 2</u>

<u>The determinants of demand are the following:</u>

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  • Prices of related goods of services. If two goods are substitutes, the increase on the price of one, decreases the amount demanded of that product but increases the amount demanded of the other product. It two goods are complements, the increase in the price of one good decreases the amount demanded of it, and the amount demanded of the other product too.
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Serving on a jury would be a civic responsibility.

Hope I helped! ☺

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