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If the Demand for Golf Is Price-Inelastic and Your Local

Question 174

Multiple Choice

If the demand for golf is price-inelastic and your local public golf course increases the greens fees for using the course,you expect:


A) a decrease in total revenue received by the course.
B) an increase in total revenue received by the course.
C) an increase in the amount of golf played on the course.
D) no change in the amount of golf played on the course.

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