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According to the total revenue rule, if the coefficient of price elasticity of demand is less than 1 and if price goes Select one: a.
According to the total revenue rule, if the coefficient of price elasticity of demand is less than 1 and if price goes
Select one:
a.
up, total revenue stays the same.
b.
down, total revenue goes up.
c.
down, total revenue goes down.
d.
up, total revenue goes down.
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