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    Survey of Economics Principles
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    Exam 4: Elasticity: A Measure of Responsiveness
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    If an Increase in the Price of Accordions Does Not
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If an Increase in the Price of Accordions Does Not

Question 52

Question 52

True/False

If an increase in the price of accordions does not change total revenue from accordion sales, we can infer that demand for accordions is inelastic.

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