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When demand is elastic, a decrease in price will result in an increase in total revenue.

chomtong

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7 years ago

When demand is elastic, a decrease in price will result in an increase in total revenue.

When demand is elastic, a decrease in price will result in an increase in total revenue.
A) True
B) False

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DeToXiFY

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chomtong Author

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7 years ago

Thanks for your help!!

hannahspillett

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this is exactly what I needed

lierac00

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Brilliant ツ

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