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If the price of a good increasesby 10% and total revenuestays the same, then the price elasticity of demand for this good over this range

If the price of a good increasesby 10% and total revenuestays the same, then the price elasticity of demand for this good over this range of prices must be

greater than 1.

equal to 1.

perfectly elastic.

less than 1.

perfectly inelastic.

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