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Retnec Retnec
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7 years ago
When Miracle Drug reduced the price of its Stop Smoking Pill, it sold more of its product, but its total revenue declined. We can conclude that demand for the Stop Smoking Pill must be
A) perfectly inelastic.
B) perfectly elastic.
C) inelastic.
D) elastic.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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VilaVila
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7 years ago
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