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Title: If the demand for insulin is inelastic, an increase in insulin prices leads to Post by: Loraine on Jun 20, 2015 If the demand for insulin is inelastic, an increase in insulin prices leads to
A) less total revenue for insulin makers. B) more total revenue for insulin makers. C) no change in total revenue for insulin makers. D) first a decrease, then an increase in total revenue for insulin makers. E) Total revenue probably changes, but we need more information about the change in total expenditures on insulin to determine if the total revenue rises, falls, or stays the same. Title: Re: If the demand for insulin is inelastic, an increase in insulin prices leads to Post by: Smoooth on Aug 11, 2015 Content hidden
Title: Re: If the demand for insulin is inelastic, an increase in insulin prices leads to Post by: Smoooth on Aug 31, 2015 No problemo :-]
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