Skip to content

Providing free help for economics!

  • Microeconomics
  • Macroeconomics
  • Contact us
Elasticity, Microeconomics

Why does revenue decrease with elastic demand when price increases

October 23, 2014 / econ101help / Leave a Comment on Why does revenue decrease with elastic demand when price increases

if a good has elastic demand and a firm increases their price, the revenue of that firm will decrease. If…

Read More

Copyright © 2023 . All rights reserved.
Construction Kit by WP Charms