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insherro insherro
wrote...
Posts: 671
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7 years ago
If a good is price inelastic, a decrease in price will:
A) decrease total revenue.
B) increase total revenue.
C) not affect income.
D) none of the above.
Textbook 
Economics for Managers

Economics for Managers


Edition: 3rd
Author:
Read 162 times
1 Reply
University of Ottawa - Economics for Managers
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Answer verified by a subject expert
sofreshsofresh
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Posts: 466
7 years ago
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1
Sweet Caroline
Good times never seemed so good
I've been inclined,
To believe they never would
Oh, no, no

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