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microeconomics Q plz solve this in 5 min! If Sara wants to increase her total revenue from her sales of flowers and she knows that
microeconomics Q
If Sara wants to increase her total revenue from her sales of flowers and she knows that the demand for flowers is price inelastic, what should she do? raise her price because she knows that the percentage decrease in the quantity demanded will be smaller than the percentage increase in price. lower her price to increase the demand and shift the demand curve rightward. lower her price because she knows that the percentage increase in the quantity demanded will be greater than the percentage decrease in price. raise her price because she knows that the quantity demanded will also increase plz solve this in 5 min!
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