Ceteris Paribus,when the Price Elasticity of Demand Is Unitary Elastic,a

question 93

Multiple Choice

Ceteris paribus,when the price elasticity of demand is unitary elastic,a decrease in:

• A) Price results in no change to total revenue.
• B) Total revenue indicates an increase in price.
• C) Total revenue indicates a decrease in price.
• D) Price results in an increase in total revenue.

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