Multiple Choice
When the price of charcoal grills increases,total revenue increases for charcoal grill retailers.From this information,we can conclude that
A) the law of demand does not hold.
B) the demand for charcoal grills is inelastic.
C) the supply of charcoal grills is inelastic.
D) corporations are greedy.
Correct Answer:
Verified
Correct Answer:
Verified
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