Evaluate: 
Definitions:
Hamburger Sellers
Businesses or individuals involved in the selling of hamburgers, often used as an example in economic models.
Total Revenues
The total income that a firm receives from the sale of its goods and services.
Inelastic
Describing a situation in which the demand or supply for a good or service is not significantly changed when the price changes.
Price Range
The spread between the highest and lowest price at which a product, service, or asset is traded or offered for sale.
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