Wed 24 Aug, 2016 10:55 am - Yes, you're right. But can you make an assumption like that when the question doesn't tell you anything that would suggest that your cost of production has gone up? (view)
Wed 24 Aug, 2016 08:09 am - If you increase the price of the good that you are selling, your total revenue increases, but your total profit decreases. Supposing that your demand has not changed, what do these two facts imply... (view)
