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If the seller of good X raises the price of good X, it follows that the total revenue of good X will ...

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If the seller of good X raises the price of good X, it follows that the total revenue of good X will ...

If the seller of good X raises the price of good X, it follows that the total revenue of good X will __________, if demand is __________.

▸

rise; inelastic

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rise; elastic

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fall; unit elastic

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fall; elastic

▸

a and d

Textbook

Economics

Edition: 12^th

Author: Arnold

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livewelldreambi

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More solutions for this book are available here

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abdallaex Author

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Thanks for your help!!

jakechambo3

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Correct

Gamiung3657

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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