If a decrease in price increases total revenue-08972
If a decrease in price increases total revenue:
This multiple choice question (MCQ) is related to the book/course
vu eco401 Economics.
It can also be found in
vu eco401 Mid Term - Quiz No.3.
If a decrease in price increases total revenue:
Demand is elastic.
Demand is inelastic.
Supply is elastic.
Supply is inelastic.
