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Consider a company that decreases the price of their product by 459% and finds that quantity demanded goes up by 309. The company is thinking
Consider a company that decreases the price of their product by 459% and finds that quantity demanded goes up by 309. The company is thinking about changing the price of their product. Which of the following is true? O a. If they increase price, their total revenue will fall O b. If they increase price, their total revenue will increase O c. If they decrease price, their total revenue will remain unchanged O d. Their demand is unit elastic
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