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Author Question: If the demand for school ball caps is inelastic, an increase in price will result in: (Read 87 times)

PhilipSeeMore

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on: Jul 20, 2019
If the demand for school ball caps is inelastic, an increase in price will result in:
◦ an increase in the quantity demanded.
◦ an increase in total revenue.
◦ a decrease in profits.
◦ a decrease in total revenue.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by PhilipSeeMore on Jul 20, 2019

joewallace

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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PhilipSeeMore

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Reply 2 on: Jul 20, 2019
Excellent

sailorcrescent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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