When marginal revenue is positive,
A) demand is elastic.
B) marginal revenue is greater than price.
C) decreasing price will decrease total revenue.
D) both b and c
E) all of the above

Name: When marginal revenue is positive, A) demand is elastic. B) marginal revenue is greater than price. C) decreasing price will decrease total revenue. D) both b and c E) all of the above
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Question

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The Answer is A

When Marginal Revenue Is Positive