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If the demand for a product is inelastic, a. A price increase causes total revenue to increase. b. A price decrease causes total revenue to
If the demand for a product is inelastic,
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| a. | A price increase causes total revenue to increase. |
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| b. | A price decrease causes total revenue to increase. |
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| c. | A price increase leaves total revenue unchanged. |
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| d. | A price decrease leaves total revenue unchanged. |
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Lessons Learned On The Audit Trail
Authors: Richard F.Chambers, CIA, QIAL, CGAP, CCSA, CRMA
1st Edition
