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    Foundations of Macroeconomics
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    Exam 5: Elasticities of Demand and Supply
  5. Question
    If Demand Is ________,A Price Cut ________ the Total Revenue
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If Demand Is ________,A Price Cut ________ the Total Revenue

Question 35

Question 35

Multiple Choice

If demand is ________,a price cut ________ the total revenue.


A) elastic; increases
B) unit elastic; decreases
C) inelastic; increases
D) inelastic; does not change
E) normal; decreases

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