Total revenue is more likely to rise when the price falls if
A)there are few substitutes for the good.
B)a low proportion of income is spent on the good.
C)some extended period of time passes.
D)all of the above
E)none of the above

Question

Quizplus · Accepted Answer

The Answer of Total revenue is more likely to rise when the price falls if
A)there are few substitutes for the good.
B)a low proportion of income is spent on the good.
C)some extended period of time passes.
D)all of the above
E)none of the above

Total Revenue Is More Likely to Rise When the Price