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    Microeconomics Principles
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    Exam 5: Elasticity
  5. Question
    If a Price Decrease Results in No Change in Seller's
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If a Price Decrease Results in No Change in Seller's

Question 4

Question 4

Multiple Choice

If a price decrease results in no change in seller's total revenue then


A) supply determined demand
B) supply is unresponsive to demand
C) demand is elastic
D) demand is inelastic
E) demand is unitary elastic

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