Register
If the elasticity for computers at the current price is at 6.4, what would happen to total revenues if a computer manufacturer doubled its price?
19.5k views
1 vote
If the elasticity for computers at the current price is at 6.4, what would happen to total revenues if a computer manufacturer doubled its price?

User Tomas Reimers
by
8.0k points

2 Answers

4 votes

The answer would be They go down drastically

User Basement
by
9.3k points
3 votes
They would go down drastically fast.
User Andrii Kudriavtsev
by
8.0k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Other Questions

Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Link Copied!