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Introduction to Economics 1
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Monopoly and Imperfect Competition soru cevapları
INTRODUCTION TO ECONOMICS I (İKTİSADA GİRİŞ I) - (İNGİLİZCE) Dersi Monopoly and Imperfect Competition soru detayı:
SORU:
Descibe the price effect.
CEVAP:
The price effect: The price falls, so P is lower, this tends to decrease the total revenue.