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    Business
  3. Study Set
    Microeconomics Australia
  4. Exam
    Exam 5: Elasticities of Demand and Supply
  5. Question
    If Demand Is Inelastic and the Price Falls, the Total
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If Demand Is Inelastic and the Price Falls, the Total

Question 119

Question 119

Multiple Choice

If demand is inelastic and the price falls, the total revenue


A) might rise, fall or remain constant.
B) rises.
C) remains constant.
D) falls.
E) becomes negative.

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