mikaeladeel mikaeladeel

17-11-2022
Social Studies

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Which of the following is true in the elastic range of a firm’s demand curve? Answer: (C) A decrease in price will likely lead to an increase in total revenue.

(Can someone explain to me how we get that answer?)

Which of the following is true in the elastic range of a firms demand curve Answer C A decrease in price will likely lead to an increase in total revenue Can so class=

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