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    Modern Principles of Economics Study Set 2
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    Exam 5: Elasticity and Its Applications
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    When the Demand Curve Is Inelastic, Total Revenues Go Down
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When the Demand Curve Is Inelastic, Total Revenues Go Down

Question 21

Question 21

True/False

When the demand curve is inelastic, total revenues go down in proportion to a price increase.

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