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6.How would the following changes in price affect total revenue? That is, would total revenue increase, decrease, or remain unchanged? a. Price rises and demand

6.How would the following changes in price affect total revenue? That is, would total revenue increase, decrease, or remain unchanged?

a. Price rises and demand is inelastic.

b. Price falls and demand is elastic.

c. Price rises and demand is of unit elasticity.

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