If Total Revenue Goes Up When the Price Falls,demand Is

question 140

Multiple Choice

If total revenue goes up when the price falls,demand is said to:

• A)be price-inelastic.
• B)be price unit-elastic.
• C)be price-elastic.
• D)have positive price elasticity.

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Definitions:

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A long-term benefit in one's professional life that enables them to maintain competitiveness and fulfillment in their career.

Organisation Development

A planned, systematic approach to improving the effectiveness, health, and well-being of an organization.

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