The concepts of revenue - Jamb Economics Past Questions and Answers

Jamb Economics Past Questions

Questions and Answers on The concepts of revenue

Question 11:

JAMB 2007

When a firm's average revenue curve is downward-slopping , it's price elasticity of demand will be

A. Zero
B. Greater than one
C. One
D. Between zero and infinity

View Answer & Explanation

Jamb Subjects

• Accounts - Principles of Accounts

• Christian Religious Knowledge (CRK)

• Islamic Religious Knowledge (IRK)

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The concepts of revenue - Jamb Economics Past Questions and Answers

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Jamb Economics Past Questions

Questions and Answers on The concepts of revenue

Question 11:

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