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Business, 08.04.2020 03:15 simonthang8
Looking at the relationship between elasticity and total revenue, we can say that
a. When demand is unit elastic, small price changes don’t change total revenue
b. When a good is price inelastic, revenue increases as price increases
c. When a good is price elastic, revenue decreases as price increases
d. All of the above
e. None of the above
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Looking at the relationship between elasticity and total revenue, we can say that
a. When dema...
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