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    Principles of Microeconomics
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    Exam 5: Elasticity
  5. Question
    Price and Total Revenue Are Directly Related When Demand Is
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Price and Total Revenue Are Directly Related When Demand Is

Question 29

Question 29

Multiple Choice

Price and total revenue are directly related when demand is


A) price elastic.
B) price inelastic.
C) unit price elastic.
D) perfectly price elastic.

Correct Answer:

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