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If a good is price inelastic, an increase in price will decrease total revenues.

insherro

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7 years ago

If a good is price inelastic, an increase in price will decrease total revenues.

If a good is price inelastic, an increase in price will decrease total revenues.

Textbook

Economics for Managers

Economics for Managers

Edition: 3^rd

Author: Farnham

Read 126 times

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University of Ottawa - Economics for Managers

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toogoo

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Martín T.

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