What Will Happen to Total Revenue of a Firm If

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The Answer is If demand is elastic, the percentage change in quantity demanded is greater than the percentage change in price. Thus with a price increase, the quantity demanded drops by a greater percentage than price rises, so total revenue (price times quantity) goes down.
If demand is inelastic, this means the percentage change in quantity demanded is less than the percentage change in price. Thus with a price decrease, the quantity demanded increases by a smaller percentage than price drops, so total revenue (price times quantity) goes down.

What Will Happen to Total Revenue of a Firm If

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