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Total revenue decreases if price ________ and demand is ________. A) falls; elastic B) falls; inelastic C) rises; inelastic D) rises; unit elastic
Total revenue decreases if price ________ and demand is ________.
A) falls; elastic
B) falls; inelastic
C) rises; inelastic
D) rises; unit elastic
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Global Business Today
Authors: Charles W. L. Hill Dr, G. Tomas M. Hult
10th edition
1259686698, 978-1259686696
