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Title: To maximize its revenue, (Multiple Choice) Post by: Lauren1 on Nov 11, 2014 To maximize its revenue,
A) a firm facing inelastic demand should always raise its price. B) a firm facing elastic demand should always raise its price. C) a firm should always charge the highest price possible regardless of the elasticity of demand. D) None of the above answers is correct. Title: Re: To maximize its revenue, Post by: MrDereche on Nov 15, 2014 Content hidden
Title: Re: To maximize its revenue, Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: To maximize its revenue, Post by: MrDereche on Nov 17, 2014 You're welcome!
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