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Over the Inelastic Range of a Demand Curve, There Is

Question 388

Multiple Choice

Over the inelastic range of a demand curve, there is


A) a positive relationship between a given percentage change in price and a change in total revenues.
B) a negative relationship between a given percentage change in price and a change in total revenues.
C) an increase in total revenues regardless of an increase or decrease in price.
D) no relationship between changes in price and changes in total revenues.

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