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thanhha78 thanhha78
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7 years ago
If a firm facing a linear demand curve experiences an increase in total revenue after lowering the price,
A) the new price is set where the demand is perfectly elastic.
B) the initial price was set at a point where the demand is inelastic.
C) the initial price was set at a point where the demand is elastic.
D) the new price is set where the demand is perfectly inelastic.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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tristiontristion
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thanhha78 Author
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7 years ago
thnkkkkk .. always right
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