Given a downward-sloping linear demand curve, if total revenue decreases as quantity rises, marginal revenue must be:
A. Positive and demand is elastic
B. Negative and demand is elastic
C. Positive and demand is inelastic
D. Negative and demand is inelastic
D. Negative and demand is inelastic
Economics
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The nominal interest rate plus the inflation rate equals the real interest rate
Indicate whether the statement is true or false
Economics
In the bond market, the market equilibrium shows the market-clearing ________ and market-clearing ________
A) price; deposit B) interest rate; deposit C) price; interest rate D) interest rate; premium
Economics