Changes in total revenue by price falls
When the price falls along such demand curve for pizza, in that case total revenue: (w) falls. (x) rises, then falls. (y) rises. (z) does not change. Can anybody suggest me the proper explanation for given problem regarding Economics generally?
When the price falls along such demand curve for pizza, in that case total revenue: (w) falls. (x) rises, then falls. (y) rises. (z) does not change.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?
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Elucidate briefly the average standard of living in Africa?
Even when each household’s demand curve didn’t shift, the market demand for the butter would increase if there were a raise in: (1) House-hold income. (2) People’s preferences for the butter. (3) Population. (4) Price of margarine.
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Assume that technological advances considerably lower costs for Honda. Hence which of the given statements is true: (w) when Honda lowers prices, rivals will rightfully accuse the firm of predatory pricing (x) when Honda raises prices, rivals will rightfully accuse th
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