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    Economics Today Study Set 1
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    Exam 19: Demand and Supply Elasticity
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    When Total Revenue and Price Are Directly Related, Demand Is
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When Total Revenue and Price Are Directly Related, Demand Is

Question 265

Question 265

Multiple Choice

When total revenue and price are directly related, demand is


A) unit-elastic.
B) inelastic.
C) elastic.
D) not related.

Correct Answer:

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