f21126281 f21126281
  • 11-06-2022
  • Business
contestada

If Leland changed its price from $11 to $9, how would the company’s marginal revenue have changed?

Respuesta :

samuelonum1
samuelonum1 samuelonum1
  • 13-06-2022

If the price drops from $11 to $9 demand will become high because the smaller the cost the more the demand.

Theory of Demand and Supply

The relationship between demand and supply is such that the higher the price the lower the demand and vice versa.

It should be noted also that the market forces are greatly influenced by demand and supply.

Learn more about demand and supply here:

https://brainly.com/question/4804206

#SPJ1

Answer Link

Otras preguntas

The United States and British viewpoints concerning Allied occupation and government in conquered World War II lands differed from Russian policies because why?
describe the range of a square root function
? In the first line of the poem, the poet likens himself to a natural object, a cloud. In contrast, the last line of the second stanza, "Tossing their heads in
Which of the following correctly completes the sentence? Lacey drove _____ car yesterday after school. Tylers Tyler’s Tylers’ Tyler
I'm doing a crossword puzzle and the clue is: your sunny day tagalong. the space is 6 letters.
What was the most important result of the crusades?
Why is a smaller volume of the cell better?
The liver’s role is to: A) Mash up food B) Turn water into food C) Help the stomach D) Remove harmful substances from the blood
How to do the circumference of a circle
Rewrite 71/9 as a mixed number.