If Demand Is Price Inelastic,then When Price Rises,total Revenue

question 109

Multiple Choice

If demand is price inelastic,then when price rises,total revenue

• A)will fall.
• B)will rise.
• C)will remain unchanged.
• D)may rise,fall,or remain unchanged.More information is need to determine the change in total revenue with certainty.

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Number Expression

A mathematical statement used to represent a quantity or to carry out a calculation.

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A school, college, or university from which one has graduated or attended.

Number Rules

Guidelines or principles related to the use, manipulation, and understanding of numbers in various contexts.

Number Expression

An arrangement of numbers and mathematical symbols that collectively represent a numerical value or equation.