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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 45
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...
Microeconomics 9th Edition by Stephen Slavin
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