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A seller of economics books is stuck with 1000 unsold textbooks. If he wants to increase total revenue, he should lower the prices of his

A seller of economics books is stuck with 1000 unsold textbooks. If he wants to increase total revenue, he should lower the prices of his books if he is sure that: Question 10Select one: a. the demand for economics books is inelastic b. the demand for his books in universal. c. the [% change in quantity demanded/% of price] is equal to 1. d. the price change is on the elastic portion of the demand curve

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