ythntdxnhny2927 ythntdxnhny2927

04-03-2022
Business

contestada

If the demand for apples is elastic, then a 5 percent increase in the price of apples will result in

Respuesta :

depresedsunflower depresedsunflower

04-03-2022

Answer:

If the price elasticity of demand for apples is 0.6, then a 5.0% increase in the price of apples will decrease the quantity demanded of apples by 3.0%, and apples sellers' total revenue will increase as a result.

Explanation:

Answer Link

Otras preguntas

Can somebody help me answer these plz?

What professionals most directly use geometry

How are spring and neap tides different from regular tides? Check all that apply. They occur twice a day. They are caused by wind. They occur twice a month. The

dry cleaning bill is shown by y equals 1.50 x + 4.50 y is the total cost and x is the number of shirts graph this equation

In the late nineteenth century, all of the following were considered examples of the hazards of industrial life except? A. Floating lint B.Repetitive movement

A few drops of milk are added to a glass of water, producing a cloudy mixture. the water is still cloudy after standing in the refrigerator for a week what is t

What is the answer to a and b?

Is 19qt bigger than 5gal

Na kwa vina taila na mahima

I need help ASAP which of the following is the inverse