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If a firm raises its price by 10% and total revenue remains constant, then:

 a. the price elasticity of demand for its output is unitary. 

 b. marginal revenue is equal to zero. 

 c. quantity demanded has decreased by10%. 

 d. all of the above are correct. 

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/05/19
Nasir Hussain
by Nasir Hussain , Sales And Marketing Manager , Pakistan Pharmaceutical Products Pvt. Ltd.

 d. all of the above are correct..................................................................................

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. If a firm raises its price by10% and total revenue remains constant, then The correct answer was: d. all of the above are correct.. all of the above are correct. 

Salvatore Augello
by Salvatore Augello , owner , A.S. Trade & Consult

answer D ______________________________________________

Deleted user
by Deleted user

Answer No. -----D

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Thanks

MUHAMMED HARIS MI
by MUHAMMED HARIS MI , Senior Audit Staff , Saud Bahwan Group LLC.

Ans. Option D is the right choice>>>>>>

Bello Abubakar
by Bello Abubakar , Cinema 4D Render/Sketch UP, AutoCAD, ArchiCAD and Revit Specialist , Federal Housing Authority

D....................................................

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

 d. all of the above are corre&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&&

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : option ( D ) ,,,,

mohamed badawy
by mohamed badawy , Head Of Operations , Almajdoui Logistics Company

option d ...............................................................................

Akei Sarasau
by Akei Sarasau , Supervisor , Paccon Logistics

d. All of the above are correct on the output

 

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