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Figure 5-8 -Refer to Figure 5-8.When Price Falls from $25 to $20,demand

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Figure 5-8 Figure 5-8   -Refer to Figure 5-8.When price falls from $25 to $20,demand is A) inelastic,since total revenue decreases from $4,000 to $2,500. B) inelastic,since total revenue increases from $2,500 to $4,000. C) elastic,since total revenue increases from $2,500 to $4,000. D) unit elastic,since total revenue does not change.
-Refer to Figure 5-8.When price falls from $25 to $20,demand is


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