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If the price decreases from $400 to $350, total revenue changes from $_____ to $_____, which means that demand is _____ in this price range.

If the price decreases from $400 to $350, total revenue changes from $_____ to $_____, which means that demand is _____ in this price range. 8,000; 10,500; inelastic 10,000; 8,500; elastic 8,000; 10,500; elastic 10,500; 18,000; elastic

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