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When demand is elastic, an increase in price will result in an increase in total revenue.

Ryanteck

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7 years ago

When demand is elastic, an increase in price will result in an increase in total revenue.

When demand is elastic, an increase in price will result in an increase in total revenue.
A) True
B) False

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Akshtsaklani21

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Ryanteck Author

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7 years ago

Correct

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prime7105

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Thanks for your help!!

julymontalvo

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Brilliant ツ

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