Added: 7 months ago
From: TheWyvern66
Views: 1,813
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  • Good general explanation but the reasons for why not to change need explanation, as from unit 1 economics we know that with elastic D an increase in price decreases Total Revenue, you can show it with the areas of revenue gain and loss. I find it more helpful to have the proofs

  • Very very helpful, would have been nice to have seen the mc curves I'm a bit shoddy with them

  • You rock!!! Great explanation!!!

  • Thank you!! you are awesome. 

  • you are the boss!!!!! i just took a quiz before my exams and got 80% :)

  • thank you. It was really helpful..

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