Why does total revenue vary inversely with price if demand is relatively price elastic?

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 03:01 AM

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Why does total revenue vary inversely with price if demand is relatively price elastic?
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Why does total revenue vary inversely with price if demand is relatively price elastic?
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Why does total revenue vary inversely with price if demand is relatively price elastic?

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Exploring Macroeconomics

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