--%>

Changes in total revenue by price falls

When the price falls along such demand curve for pizza, in that case total revenue: (w) falls. (x) rises, then falls. (y) rises. (z) does not change.

1910_pizza budgets graph.png

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Price of Bond by Perpetuity When all

    When all bonds are perpetuities which annually pay $100, at an interest rate of 2%, in that case the price of these bonds would be: (1) $9800. (2) $5000. (3) $980. (4) $800. (5) $1,020. How can I s

  • Q : Relationship between MPC and MPS

    Determine relationship between MPC and MPS? Answer: MPC + MPS = 1

  • Q : Define opportunity cost Opportunity

    Opportunity cost: The Opportunity cost refers to the cost of next best alternative inevitable.

  • Q : Problem on equilibrium market price I

    I have a problem in economics on equilibrium market price. Please help me in the following question. The equilibrium market price subsists only if: (1) Quantity demanded equivalents the quantity supplied. (2) Surpluses exceed the shortages. (3) Expert

  • Q : Disadvantage of sole proprietorships

    The disadvantage of both sole partnerships and proprietorships is that the: (i) Financial resources are generally more restricted than for a corporation. (ii) Income is subject to the double taxation. (iii) Principal-agent troubles are far less simple

  • Q : Question on ATC and MC A perfectly

    A perfectly competitive market within the long period: Data         firm A:  ATC = y2   4y + 12 an

  • Q : More unit gains marginal revenue by

    A firm which can sell each and every unit of its production at a price of $200 and that sells 500 more units gains marginal revenue by the additional units of: (w) $500,000. (x) $100,000. (y) $200. (z) $10,000. I n

  • Q : Zero or negative marginal utility of a

    Whenever the marginal utility of a good becomes negative or zero: (i) Goods are transformed to the bads. (ii) Net utility reaches the maximum and then declines. (iii) The maximum total advantages have been squeezed from good. (iv) People are unwilling

  • Q : Profit-maximizing price The

    The profit-maximizing price for “Silver Screen Classic” of Nostalgia DVDs is: (i) $6 per copy. (ii) $10 per copy. (iii) $12 per copy. (iv) $16 per copy. (v) $20 per copy.

    Q : Labor Unions-Sitdown Strikes Whenever

    Whenever unions and managers have failed to arrive at a collective bargaining agreement and workers reject to leave the production facility owned by firm, the union’s strategy is termed as: (i) Boycott or an embargo. (ii) Management lock-out. (i