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If a Demand Curve Were Elastic Within a Price Range

Question 95

Multiple Choice

If a demand curve were elastic within a price range, then:


A) marginal revenue would be negative within this price range.
B) lowering the price within this range would increase total revenue.
C) the marginal revenue curve would be above the demand curve in this range.
D) in this range, raising price would increase total revenue.
E) All of the above.

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