Biology
Biology, 13.02.2020 01:45, tshegofatso92

How does elasticity affect a company's pricing policy?

A If demand is elastic at the current price, the company knows that an
increase in price would reduce total revenues.

B If demand is inelastic at the current price, the company knows that an
increase in price would reduce total revenues.

C If demand is unitary elastic, the company knows that a decrease in
price would decrease total revenues.

D If demand is unitary elastic, the company knows that an increase in
price would increase total revenues.

answer
Answers: 1

Other questions on the subject: Biology

image
Biology, 21.06.2019 22:00, JeroMii
Which of the following is an advantage of solar energy?
Answers: 1
image
Biology, 21.06.2019 22:10, penacesar18p9jrdh
What causes the force that pushes magma from the magma chamber through the pipe and vent of a volcano?
Answers: 1
image
Biology, 22.06.2019 01:00, mazolethrin6876
The bacteria found in soil is usually harmful and measures are taken to remove any traces of microorganisms. true or false
Answers: 1
image
Biology, 22.06.2019 14:00, eden43
Compare the shapes of the bones of the human skull with the shapes of the bones of the human leg. how do the shapes differ? why are the shapes important?
Answers: 1
Do you know the correct answer?
How does elasticity affect a company's pricing policy?

A If demand is elastic at the curr...

Questions in other subjects: