If demand is inelastic and the price falls, the total revenue
A) rises.
B) falls.
C) remains constant.
D) might rise, fall, or remain constant.
E) becomes negative.
B
Economics
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Through its impact on the desired stock of housing, higher expected income would lead to ________
A) an increase in residential investment B) a decrease in expected house price appreciation C) a decrease in residential investment D) a decrease in single-family dwellings
Economics
Refer to the table shown. Diminishing marginal productivity begins when the:Number of workersTotal output142103184285356417458489501049
A. third worker is hired. B. fifth worker is hired. C. sixth worker is hired. D. fourth worker is hired.
Economics