Question

n Relatively Elastic Demand ED is = _________
2 points
E = 1
E = 0
E > 1
E < 1
8. Which of the following is correct
2 points
TC= TFC+ TVC
TFC= TC- TVC
TVC= TC- TFC
All of the above

Answer 1

Explanation:

1) E>1

2) All the above ......