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insherro insherro
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Posts: 671
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7 years ago
Assuming the demand curve is downward sloping, as price increases, the price elasticity of demand for a good (in absolute value) and marginal revenue:
A) increase.
B) stay the same.
C) decrease.
D) cannot be determined.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
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1 Reply
University of Ottawa - Economics for Managers
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andyborziandyborzi
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Posts: 449
7 years ago
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insherro Author
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7 years ago
Good timing, thanks!
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Yesterday
Correct Slight Smile TY
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2 hours ago
Thanks
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