If a good is having inelastic demand then if price rises-08860
If a good is having inelastic demand then if price rises:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Final Term - Quiz No.10.
If a good is having inelastic demand then if price rises:
Quantity demanded of good rises
Quantity supplied of good falls
Total revenue of good rises
Total revenue of good falls
