Perfectly elastic supply problem
When will a rise in demand entail an increase in the quantity demanded however no change in the price?
Expert
In case of perfectly elastic supply, the increase in demand causes no change in price however it will lead to a rise in quantity.
Can someone help me in finding out the right answer from the given options. Being disappointed whenever you finally learn how some desserts are accessible after you have already told the server at a restaurant that you will try the ‘all-you-can-eat’ buffet
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explaination of balance of payment identity
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Revenue: This refers to total money income from the sale of output.
Total revenue when this firm maximizes economic profits would be: (w) $72,000 per period. (x) $80,000 per period. (y) $96,000 per period. (z) $100,000 per period. Discover Q & A Leading Solution Library Avail More Than 1443311 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1946460 Asked 3,689 Active Tutors 1443311 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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