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  3. Study Set
    Principles of Microeconomics
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    Exam 5: Elasticity
  5. Question
    Price and Total Revenue Move in the Same Direction When
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Price and Total Revenue Move in the Same Direction When

Question 112

Question 112

Multiple Choice

Price and total revenue move in the same direction when demand is


A) price elastic.
B) price inelastic.
C) unit price elastic.
D) perfectly price elastic.

Correct Answer:

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