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nana54muller
04.09.2020 •
Business
If the demand for a good is estimated to be , then firms producing the good will experience an increase in total revenue if prices fall.
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Ответ:
elastic
Explanation:
Elastic demand is a demand that occurs when the quantity demanded for a product or service results in a greater percentage change when there is a change in price.
For example, when there's a fall in price, this will lead to large change in quantity demanded for the good. Since there's an increase in the quantity demanded, it will lead to increase in revenue.
Ответ:
A journeyman is a skilled worker who has successfully completed an official apprenticeship qualification in a building trade or craft. They are considered competent and authorized to work in that field as a fully qualified employee.
Explanation: