The_____________is the number of units sold multiplied by the average price per unit sold.
Fill in the blank(s) with the appropriate word(s).
Ans: total revenue
Economics
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It takes __________ consecutive monthly changes in the LEI before a change in economic activity is being foreshadowed
A) two B) three C) four D) six
Economics
The benefit to buyers of participating in a market is measured by
a. the price elasticity of demand. b. consumer surplus. c. the maximum amount that buyers are willing to pay for the good. d. the equilibrium price.
Economics