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Title: Suppose that the elasticity of demand for a product is 0.5. What will happen to total revenue as a ... Post by: thanhha78 on Aug 28, 2017 Suppose that the elasticity of demand for a product is 0.5. What will happen to total revenue as a firm increases the price?
A) Total revenue will decrease. B) Total revenue will increase. C) Total revenue will stay the same. D) Cannot be determined from the information provided. Title: Re: Suppose that the elasticity of demand for a product is 0.5. What will happen to total revenue as ... Post by: Quinn1981 on Aug 28, 2017 Content hidden
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