Question #93990
Given that tomatoes has a price elastic demand the total revenue of tomato firms will
1
Expert's answer
2019-09-09T10:44:53-0400

Given that tomatoes has a price elastic demand the total revenue of tomato firms will increase when the price for tomatoes decreases, and will decrease when the price for tomatoes increases.


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Comments

Assignment Expert
26.09.19, 21:42

Dear visitor, please use panel for submitting new questions

Wilson Pilane
26.09.19, 16:10

question #95350 - What was the question as to provide more information

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