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The revenue test for A equally applicable to both demand and supply does not apply to demand because price and quantity are inversely related does
The revenue test for A equally applicable to both demand and supply does not apply to demand because price and quantity are inversely related does not apply to supply because price and quantity are directly related D applies to the shortrun supply curve but not to the long-run supply curve
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Managerial economics
Authors: william f. samuelson stephen g. marks
7th edition
9781118214183, 1118041585, 1118214188, 978-1118041581
