If a business raises the price of its product in order to increase total revenue, the business

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If a business raises the price of its product in order to increase total revenue, the business must believe the demand for its product is:

price elastic

price inelastic

cross-price elastic

income elastic

income inelastic

Posted Date: Jun 12, 2024 05:02 PM

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If a business raises the price of its product in order to increase total revenue, the business

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