If demand is elastic and price rises,then total revenue will rise.
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Q140: Q141: Refer to Table 4.10 to answer this Q142: Answer the following questions with respect to Q143: If demand is inelastic and price falls,then Q144: Below are two sets of prices and Q146: If the elasticity of demand is unitary Q147: The price elasticity of demand coefficient is,technically,always Q148: A major determinant of demand elasticity is Q149: If income elasticity is positive,we could conclude Q150: If cross-elasticity of demand is positive,we could
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