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    Economics Today Study Set 1
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    Exam 19: Demand and Supply Elasticity
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    If the Price of a Good Increases and the Total
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If the Price of a Good Increases and the Total

Question 350

Question 350

Multiple Choice

If the price of a good increases and the total revenue remains the same, the demand for the good is


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

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