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The total revenue of Plastics Inc. increased when they decreased their prices. The products of Plastic Inc. are: Inelastic in demand Elastic in demand Perfectly
The total revenue of Plastics Inc. increased when they decreased their prices. The products of Plastic Inc. are: Inelastic in demand Elastic in demand Perfectly elastic in demand Unit elastic in demand
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Microeconomics
Authors: Robert Pindyck, Daniel Rubinfeld
8th edition
978-0132870436, 132870436, 013285712X, 978-0133371178, 133371174, 978-0132857123
