If demand is inelastic, then price and total revenue are directly related.

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Author Question: If demand is inelastic, then price and total revenue are directly related. (Read 34 times)

renzo156

Hero Member
Posts: 526

on: Jul 20, 2019

If demand is inelastic, then price and total revenue are directly related.
◦ true
◦ false

Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8^th Edition

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pocatato

Sr. Member
Posts: 333

Reply #1 on: Jul 20, 2019

true

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