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    Economics Study Set 2
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    Exam 18: The Price Elasticities of Demand and Supply
  5. Question
    If Demand Is Elastic and Price Is Raised,total Revenue Will
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If Demand Is Elastic and Price Is Raised,total Revenue Will

Question 39

Question 39

Multiple Choice

If demand is elastic and price is raised,total revenue will


A) rise.
B) fall.
C) stay the same.
D) possibly rise or possibly fall.

Correct Answer:

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