Over the Inelastic Range of a Demand Curve, There Is

question 388

Multiple Choice

Over the inelastic range of a demand curve, there is

• A) a positive relationship between a given percentage change in price and a change in total revenues.
• B) a negative relationship between a given percentage change in price and a change in total revenues.
• C) an increase in total revenues regardless of an increase or decrease in price.
• D) no relationship between changes in price and changes in total revenues.

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