Business, 06.04.2021 05:10 sirinapadeangel

For each of the following situations, state whether total revenue received by the seller increases, decreases, or does not change. a. If price elasticity of demand is -1.00 and price increases, total revenue.
b. If price elasticity of demand is -0.02 and price increases, total revenue
c. If price elasticity of demand is 5.00 and price increases, total revenue
d. If price elasticity of demand is-0.131 and price decreases, total revenue
e. If price elasticity of demand is -3.33 and price decreases, total revenue

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For each of the following situations, state whether total revenue received by the seller increases,...