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AndrewKraus AndrewKraus
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6 years ago
In case of an increase in product prices:
A) the quantity effect always dominates the price effect.
B) the price effect always dominates the quantity effect.
C) when the quantity effect dominates the price effect, total revenue is rising.
D) when the quantity effect dominates the price effect, total revenue is falling.
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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6 years ago
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AndrewKraus Author
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#2
6 years ago
Needed this for my economics assignment, thanks
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