Economics 4.0 / 5 based on 5 ratings ? EconomicsEconomics for management UniversityAQA Created by: jessica copeCreated on: 27-05-15 21:13 97810235416 Across 1. what happens if rent ceiling is set above the equilibrium price? (3, 2, 6) 6. What is cross elasticity of demand with respect to the price of a complement? (8) 9. how do you calculate total revenue? (5, 1, 8) 10. what is the cross elasticity of demand with respect to the price of a substitute? (8) Down 2. what happens if a minimum wage is set below the equilibrium price? (3, 2, 6) 3. I = (11) 4. total expenditure = (1, 1, 1, 1, 1, 1) 5. X = (3, 7) 7. what happens to the LRAC curve when constant returns to scale are present. (3, 4, 2, 10) 8. what happens to the LRAC when diseconomies of scale are present? (3, 4, 6, 6)
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