17- When demand is price inelastic: Question 32 options: a- price and total reve
ID: 1187687 • Letter: 1
Question
17- When demand is price inelastic: Question 32 options:a- price and total revenue move in the same direction.
b- price and total revenue move in the opposite direction.
c- total revenue increases whether price goes up or down.
d- total revenue decreases whether price goes up or down. 17- When demand is price inelastic: 17- When demand is price inelastic:
a- price and total revenue move in the same direction.
b- price and total revenue move in the opposite direction.
c- total revenue increases whether price goes up or down.
d- total revenue decreases whether price goes up or down. a- price and total revenue move in the same direction. b- price and total revenue move in the opposite direction. c- total revenue increases whether price goes up or down. d- total revenue decreases whether price goes up or down.
a- price and total revenue move in the same direction.
b- price and total revenue move in the opposite direction.
c- total revenue increases whether price goes up or down.
d- total revenue decreases whether price goes up or down.