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Tragamin Tragamin
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Posts: 588
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6 years ago
If an increase in price decreases total revenue, then price elasticity of demand is
A) zero.
B) greater than zero but less than one.
C) equal to one.
D) greater than one.
E) falling.
Textbook 
Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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Answer verified by a subject expert
martrekmartrek
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Posts: 515
6 years ago
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Tragamin Author
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6 years ago
Thanks for your help!!
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Yesterday
Correct Slight Smile TY
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2 hours ago
Good timing, thanks!
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