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    Microeconomics Canada
  4. Exam
    Exam 4: Elasticity
  5. Question
    A Cut in the Price Increases Total Revenue
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A Cut in the Price Increases Total Revenue

Question 115

Question 115

Multiple Choice

A cut in the price increases total revenue.Demand is


A) inelastic.
B) unit elastic.
C) perfectly inelastic.
D) equal to supply.
E) elastic.

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