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    Foundations of Macroeconomics
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    If Demand Is Inelastic and the Price Falls,the Total Revenue
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If Demand Is Inelastic and the Price Falls,the Total Revenue

Question 120

Question 120

Multiple Choice

If demand is inelastic and the price falls,the total revenue


A) rises.
B) falls.
C) remains constant.
D) might rise, fall, or remain constant.
E) becomes negative.

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