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If a firm's goal is to maximize revenue, it will price its product to correspond to the unit-elastic

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If a firm's goal is to maximize revenue, it will price its product to correspond to the unit-elastic

If a firm's goal is to maximize revenue, it will price its product to correspond to the unit-elastic segment of its demand curve.
True or false?

Textbook

Essentials of Economics

Essentials of Economics

Edition: 4^th

Authors: Hubbard, O'Brien

Read 563 times

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Smoooth

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No problemo Happy Dummy

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