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sinerus sinerus
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6 years ago
Suppose that when a particular firm decreases its price its total revenue decreases. What kind of demand does this particular firm face?
A) Demand is perfectly price elastic.
B) Demand is price elastic.
C) Demand is unitary elastic.
D) Demand is price inelastic.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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sinerus Author
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6 years ago
Thank you, thank you, thank you!
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You make an excellent tutor!
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Helped a lot
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