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Holding All Other Forces Constant,if Decreasing the Price of a Good

Question 57

Multiple Choice

Holding all other forces constant,if decreasing the price of a good leads to a decrease in total revenue,then the demand for the good must be

A) unit elastic.
B) inelastic.
C) elastic.
D) None of the above is correct,since a price increase always leads to an increase in total revenue.

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