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Title: If the price elasticity of demand for petrol equals 0.3, then an increase in the price of... Post by: PHaMRoL1952 on Jun 28, 2016 If the price elasticity of demand for petrol equals 0.3, then an increase in the price of a litre of petrol $3.70 to $3.90
A. Increases total revenue B. Decreases total revenue C. Leads to no change in total revenue D. Makes the demand for petrol elastic E. Both B and D are correct Title: Re: If the price elasticity of demand for petrol equals 0.3, then an increase in the price of... Post by: bolbol on Aug 31, 2021 Content hidden
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