11. If an increase in the price of a good has no impact on the total revenue...

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11. If an increase in the price of a good has no impact on the total revenue in that market. demand must be

a. price inelastic.

b. price elastic.

c. unit price elastic.

d. all of the above.

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

ISBN: 9783030019983

5th Edition

Authors: David R. Hakes

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Question Posted: Nov 14, 2024 07:00 AM

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11. If an increase in the price of a good has no impact on the total revenue...

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Study Guide For N. Gregory Mankiw's Principles Of Microeconomics

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