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What is the impact of an increase in worker productivity when demand is relatively more​ elastic?

a. a large increase in the price received by the firm.
b. a small increase in the price received by the firm.
c. an increase in sales revenue received by the firm.
d. a decline in sales revenue received by the firm?

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Answer:D.

Step-by-step explanation:

:)

User AstuteAskings
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the impact is An increase in sales revenue received by the firm.
Even though it's true that The elasticity of the demand indeed influence the price of the product on some level, Increase in worker's productivity will tend to always result increasing sales revenue regardless the type of demand a product has.


User JellyRaptor
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