Business Studies, asked by aastha288, 2 months ago

A firm produces a product with a fully allocated average cost equal to $20. If the price elasticity of demand for the product is -5, then the product price should be set at​

Answers

Answered by sarellasirisha
0

Answer:

ok

Explanation:

Which of the following correctly lists the three fundamental economic questions?

-If to produce? Why to produce? When to produce?

-If to produce? What to produce? How to produce?

-Why to produce? What to produce? How to produce?

-What to produce? How to produce? For whom to produce?

What to produce? How to produce? For whom to produce?

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