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radiants radiants
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6 years ago
If a price decrease of a product significantly raises its revenues, then the absolute price elasticity of demand for that product must be
A) less than one.
B) equal to one.
C) greater than one.
D) an example of unit elasticity.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
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6 years ago
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