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
Rina8888 [55]
2 years ago
10

To increase total revenue, firms with ______ demand should lower price, and firms with ______ demand should increase price.

Social Studies
2 answers:
Ipatiy [6.2K]2 years ago
6 0

Answer:

b). elastic; inelastic

Explanation:

Elastic demand is characterized as the demand that is subject to change due to a variation in price. For example; if the price of Air conditioners increases, their demand would decrease due to their sensitivity towards price changes(having an elastic demand). While an inelastic demand is characterized as the demand that is indifferent to change in price. The demand for such goods remains the same irrespective of alteration in price. For example; salt and other necessary items. Thus, <u>it is required to lower the prices of goods with elastic demand and increasing the prices of goods with inelastic demand in order to uplift the total revenue</u>.

nasty-shy [4]2 years ago
3 0

Answer:

biko egbula m n'ezie na achọrọ m nke a. ee ma eleghị anya, ọ dịghị ihe ọ bụla probabaly ntutu agba akwụkwọ ndụ akwụkwọ ndụ

Explanation:

You might be interested in
Which is an example of a natural monopoly?
kotykmax [81]

Answer:

A natural monopoly occurs when the most efficient number of firms in the industry is one. A natural monopoly will typically have very high fixed costs meaning that it is impractical to have more than one firm producing the good. An example of a natural monopoly is tap water.

Explanation:

Hope this Helps :D

3 0
3 years ago
There is a good deal of concern these days about whether eating fast food is unhealthy. But most fast food is really tasty. Just
Nikitich [7]

Answer: The correct is option A A red herring

Step by step explanation:

The writer is somehow trying to misleads or distracts readers from a relevant or important question. In this context, It may either be a logical fallacy or a literary device that leads readers or audiences toward a false conclusion. It is therefore red herring.

Red herring is a kind of fallacy that is an irrelevant topic introduced in an argument to divert the attention of listeners or readers from the original issue. In literature, this fallacy is often used in detective or suspense novels to mislead readers or characters, or to induce them to make false conclusions.

4 0
3 years ago
How did the use of iron effect kush
Nataly_w [17]
They used it because it was cheep but very strong so it made costs go down
4 0
3 years ago
Which objects in the sky have rings or moons that revolve around them? will give 1 million brainless
andriy [413]
Planets.
Saturn has a ring of rocks that fly around it and most other plants have moons, such as the ones in the Milky Way.
8 0
2 years ago
Read 2 more answers
How does the government affect the supply and demand of a market?
jeka57 [31]

Answer:

Price controls can also distort the effect of supply and demand on a market. Governments sometimes set a maximum or a minimum price for a product or service, and this results in either the supply or the demand being artificially inflated or deflated.

Explanation:

also if you can can you mark me brainliest... thanx

7 0
3 years ago
Read 2 more answers
Other questions:
  • All of the following practices are examples of how the natural environment influences culture except _________.
    6·1 answer
  • 1. How did the leaders win the support from<br> the lower-classes?
    13·1 answer
  • Solve<br> 7(m+5)=21<br><br><br>I am a very stupid human
    10·2 answers
  • Describe the three types of child care available to family
    13·1 answer
  • How does the geography of Canada affect its relationship with the US???
    9·1 answer
  • What effects did humanism have on Europe?
    13·2 answers
  • Suggestion for world peace and security ?​
    12·2 answers
  • Pleaseeeeee helpppppp i will mark you brainlist
    14·2 answers
  • Blitzkrieg was a new type of warfare that focused on attacking-
    11·2 answers
  • 5 requirements to be president
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!