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Sue’s Surfboards is the sole renter of surfboards on Big Wave Island.

/in /by

Sue’s Surfboards is the sole renter of surfboards on Big Wave Island.If marginal revenue is positive at the

actual number of surfboard rentals made each​ hour, then​

A.

at that quantity the demand for surfboard rentals is unit elastic

B.

at that quantity the demand for surfboard rentals is elastic

C.

at that quantity the demand for surfboard rentals is inelastic

D.

​Sue’s Surfboards can increase profit by increasing the number of rentals

 
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