--%>

Demand when total revenue uninfluenced by small price change

When total revenue to a firm is uninfluenced by small price changes, in that case demand is: (1) relatively price elastic. (2) relatively price inelastic. (3) unitarily price elastic. (4) vertical. (5) horizontal.

Please guys help to solve this problem of Economics with some explanation.

   Related Questions in Microeconomics

  • Q : Production function explain the

    explain the properties of isoquants with diagram

  • Q : High demand facing relatively

    Total revenue for Macho Man fake mustaches increased after the price raised from $15 to $17, showing that demand faced throguh Macho Man was: (i) relatively elastic. (ii) relatively inelastic. (iii) unitarily elastic. (iv) perfectly elastic. (v) perfe

  • Q : Negative income tax programs Negative

    Negative income tax programs attack poverty through: (w) levying heavy taxes on the poor to encourage them to work more. (x) providing transfers in kind to low income households. (y) providing cash subsidies to guarantee a minimum income to low income

  • Q : Can GDP be more than GNP Can GDP be

    Can GDP be more than GNP? Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.

  • Q : Price elasticity of demand while price

    Alyssa’s Floral Shoppe dropped its prices for a dozen increases from $45 to $35 in this year. Due to this decrease within price, the quantity sold raised from 1000 to 1500. Therefore the price elasticity of demand for Alyssa’s rises is: (w

  • Q : Pretax -posttax and transfer

    Refer to the following diagram. If line b represents the pretax and transfer distribution of income in the United States, we would expect the post-tax and transfer distribution to be: A) line a. B) line b, because taxes and transfers have no effect on income distribut

  • Q : Monopolistic and competitive tools in

    Most markets into the American economy are: (i) purely competitive. (ii) primarily unregulated monopolies. (iii) blends of monopolistic and competitive tools. (iv) dominated by regulated monopolies. (v) governed through the decisions of political lead

  • Q : Relative Income Measures and

    After adjusting income for taxes and transfers, affects that would be least responsible for the reducing percentages of the U.S. population classified like “middle relative income” from 1976 is probably: (

  • Q : Shifts in the Demand Curve What are the

    What are the conditions that shifts the Demand Curve?

  • Q : Capital Goods In the above diagram, the

    In the above diagram, the elimination of discrimination is best represented by