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

chomtong

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7 years ago

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

When demand is inelastic, 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

Correct

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TY

apelton

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You make an excellent tutor!

sakoon

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2 hours ago

this is exactly what I needed

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