Welcome to Schoolngr.com

Home   School   News   C B T   Classroom
Friday, 27 September 2024

RegisterLogin

If a firm can sell 3,000 units of product \(A\) at \(\$ 10\) unit and \(5.000\) at \(\$ ...

If a firm can sell 3,000 units of product \(A\) at \(\$ 10\) unit and \(5.000\) at \(\$ 8\), then ____________

A. the price elasticity of demand is \(0.44\)
B. A is a complementary good
C. the price elasticity of demand is \(2.25\)
D. A is an inferior good





STAY UPDATED
FOLLOW US ON :


AboutContact usBack to Top
...

Disclaimer
All Views, Names, Acronyms, Trademarks, Expressed on this website are those of their respective owners. Please note that www.schoolngr.com is not affiliated with any of the institutions featured in this website. It is always recommended to visit an institutions or sources official website for more information. In the same vein, all comments placed here do not represent the opinion of schoolngr.com


SCHOOLNGR - © 2020 - 2024 - Tayo Hammed | Terms Of Service | Copyright | Privacy Policy