Question: Hi could you explain to me why the third statement is incorrect? thanks 4_ Which of the following statements are true? (1 mark) 0 You

Hi could you explain to me why the third statement is

Hi could you explain to me why the third statement is incorrect? thanks

incorrect? thanks 4_ Which of the following statements are true? (1 mark)

4_ Which of the following statements are true? (1 mark) 0 You scored 1 /1 mark If at the current price, demand is inelastic, raising the price will increase the monopolist's revenue. A monopolist with positive marginal cost who charges a uniform price always prices on the inelastic portion of the demand curve. A rational person will not save money if the interest rate is less than the inflation rate. Between two gambles, a risk averter will always choose the one with a smaller variance

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