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If demand is price elastic, total revenue is: A. Directly related to quantity demanded B. Inversely related to quantity demanded C. Directly related to price

If demand is price elastic, total revenue is:

A. Directly related to quantity demanded

B. Inversely related to quantity demanded

C. Directly related to price

D. Directly related to price and inversely related to quantity demanded

E. Not related to either price or to quantity demanded

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