If the price elasticity of demand for a good is 0.43, an ...
If the price elasticity of demand for a good is 0.43, an increase in the price of the good will result in
An increase in profit by 43%
A net gain
A decrease in profit 43%
A net loss
Correct answer is B
No explanation has been provided for this answer.
The main problem of the Organization of Petroleum Exporting Countries is how to ...
Trades among nations is desirable because ...
The economic goals of public corporation is to ...
Economics is regarded as a science because ...
Economics is regarded as a science because it ...
One of the greatest demerits of the middlemen in Nigeria is that they ...
In a partnership, the conduct of members is guided by ...
According to the theory of comparative advantage specialization will result in ...