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Rina8888 [55]
3 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]3 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]3 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:

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This is a lot idk if anyone can do this i need help yes i put 54 points pls help
Debora [2.8K]
I believe that the answer is b, I hope this helps
3 0
4 years ago
Read 2 more answers
According to the general adaptation syndrome, the levels of endocrine and sympathetic activity in the __________ are lower than
laila [671]

Answer:

resistance stage

Explanation:

General Adaptation Syndrome (GAS) is the process developed by Hans Selye.

GAS is a process divided into three stages of physiological changes. Selye developed this theory while experimenting on rats. The rats were put under stressful situations after which physical changes occur in them.

The stages in GAS are:

  1. Alarm reaction stage
  2. Resistance stage
  3. Exhaustion stage

In the Resistance stage, the levels of endocrine, hormones, heart rate, and blood pressure is comparatively low from the first stage of GAS i.e. alarm reaction stage. <u>In this stage, heart rate and blood pressure starts becoming normal but still not normal. </u>

So, the correct answer is the Resistance stage.

6 0
3 years ago
Which of the following conditions can help prolong the life of a​ cartel? A. There are many firms in the market that are not mem
Dima020 [189]

Answer:

The correct answer is option B.

Explanation:

An oligopoly is a market structure in which there are few firms which are interdependent on each other such that price and output decisions of a firm affect other firms in the market. There is a high degree of competition in the market.  

Firms in an oligopoly market can maximize profits by forming formal or informal collusion and reducing output level and increasing price.  

Though such cartels are generally short-lived as each firm has the incentive to earn higher by not cooperating. The cartel will not be successful if there are other firms in the market which are not a member of the cartel.  

A cartel will have a longer life if all the firms in the market are its market and the cartel has strict control on its members and ability to punish cheaters.

4 0
3 years ago
Which theory states that social interaction between people is based on the efforts of each person to maximize rewards and minimi
Lady_Fox [76]
I believe the answer is <span> the social exchange theory
</span><span> the social exchange theory is based on the assumption that all people are individualistic in nature.
</span>This theory believes that human only choose to interact with another human only if the benefit from interacting with that other human surpass the cost to interact with him. (which explains the reason some people choose to marry old -rich individuals despite negative perception that will be labeled to them)
7 0
3 years ago
Which industry in Texas makes up about $150 billion?
denis23 [38]
This is kinda hard sense they do produce a lot of major industries in the U.S like natural gas, tourism, etc.But as for the BEST answer I'd say D)
5 0
4 years ago
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