Multiple Choice
If the demand for ptyalin is unit elastic, then
A) total revenue decreases as quantity demanded increases
B) total revenue increases as quantity demanded increases
C) total revenue increases as price increases
D) total revenue remains constant as price increases
E) total revenue decreases as price increases
Correct Answer:
Verified
Correct Answer:
Verified
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Q84: Exhibit 5-27 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6784/.jpg" alt="Exhibit 5-27
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