asked 94.1k views
21 votes
Total expenditures are determined by

a. multiplying the price of a product by the
b. measuring the elasticity of a product.
quantity demanded.
c. dividing the price of the product by demand.
d. dividing the demand for the product by its price.

1 Answer

7 votes
Total expenditures are determined by
a. multiplying the price of a product by the
quantity demanded
answered
User Jeremy Baker
by
8.3k points
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