A new per unit tax on yacht production decreases the supply of yachts. If yachts are elastically demanded, what will happen to total revenues from yacht production?

Total revenue would fall

Explanation:

The decrease in the supply as a result of the unit tax would lead to an increase in the price of yacht.

Since the demand for yacht is elastic, the demand for yacht is sensitive to price. As a result of the rise in price, the quantity demanded of yachts would fall. As a result, total revenue would fall

Elastic demand means that quantity demanded is sensitive to price changes. A small change in price would lead to a greater change in quantity demanded.

no, a company likes to look at potential employees that are professional, well mannered, clean, honest, etc. don't show up looking/acting like a clown. (unless that's your job xd) hope this ! =^-^=

answer; management is about coping complexity and leadership is about coping with change; i believe this is correct; ///good luck                                          

(b) management: leadership