問題詳情
5. A supermarket decides to reduce the price of its own brand of baked beans as a special offer for oneweek only. During this week, it discovers that its total revenue from the sale of own-brand bakedbeans increases. This indicates that
(A) the demand for its own brand of baked beans is elastic with respect to price
(B) the demand for its own brand of baked beans is elastic with respect to income
(C) the demand for its own brand of baked beans is inelastic with respect to price
(D) its own brand of baked beans is an inferior good
參考答案
答案：A
難度：計算中-1
書單：沒有書單，新增
用户評論
【丸】評論
When the price elasticity of demand is relatively elastic (−∞ < Ed < −1), the percentage change in quantity demanded is greater than th.....