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At a Price of $20 Each, the Demand for T-Shirts

Question 107

Multiple Choice

At a price of $20 each, the demand for t-shirts from a group's fundraising activity is unit elastic. Thus, the group's total revenue from selling t-shirts ________ at a price of $20 each.


A) will equal $0
B) reaches its minimum
C) reaches its maximum
D) will equal $1

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