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oksano4ka [1.4K]
2 years ago
6

、HowTotalRevenueChangesWhenPriceChanges?PleaseusetheElasticityandDemand 订curvetoexplainit.​

Business
1 answer:
vlabodo [156]2 years ago
8 0
<h3>When you increase price,you increase revenue on units sold.When you increase price,you sell fewer units.</h3>

Hope this helps

<h2>--SirGerick--</h2>

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Bob bought some land costing $16,390. today, that same land is valued at $46,817. How long has bob owned this land if the price
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Compounding means calculating amount on the principal and the amount added interest.

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From both the sides we will get n=18.

Hence Bob has to own his land for 18 years if the price is increasing at the rate of 6% per year.

Learn more about compounding at brainly.com/question/2449900

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