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Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800Economics 11th Edition by Stephen Slavin
Edition 11ISBN: 978-0078021800 Exercise 1
If demand is inelastic and price is raised, total revenue will________
A) rise
B) fall
C) stay the same
D) possibly rise or possibly fall
A) rise
B) fall
C) stay the same
D) possibly rise or possibly fall
Explanation
Verified
Verified
The total will not remain the same becau...
Economics 11th Edition by Stephen Slavin
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