Answers

DA

Answered

​The owner of a bakery decides to drop the price of lemon cakes by 5%,how much does quantity sold have to rise to stop the revenue from decreasing

A) ​2%
B) 3%
C) 4%
D) ​5%

On Sep 25, 2024


D
DA

Answered

As shown in the figure given below,when a government sets a rent ceiling at $750 per month,the result is a(n) :​
As shown in the figure given below,when a government sets a rent ceiling at $750 per month,the result is a(n) :​   A) equilibrium in the market for rented apartments. B) increase in supply of rented apartments. C) shortage of rented apartments. D) economic profit for the owners of rented apartments. E) decrease in demand for rented apartments.

A) equilibrium in the market for rented apartments.
B) increase in supply of rented apartments.
C) shortage of rented apartments.
D) economic profit for the owners of rented apartments.
E) decrease in demand for rented apartments.

On Sep 22, 2024


C