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    MKTG Study Set 4
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    Exam 18: Pricing Concepts
  5. Question
    When Price Decreases and Total Revenue Falls,how Can Demand Be
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When Price Decreases and Total Revenue Falls,how Can Demand Be

Question 2

Question 2

Multiple Choice

When price decreases and total revenue falls,how can demand be described?


A) as elastic
B) as inelastic
C) as unitary
D) as stable

Correct Answer:

verifed

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