If total revenue is unrelated to price, then demand is unitary elastic.

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Author Question: If total revenue is unrelated to price, then demand is unitary elastic. (Read 59 times)

mikaylakyoung

Hero Member
Posts: 531

on: Jul 20, 2019

If total revenue is unrelated to price, then demand is unitary elastic.
◦ true
◦ false

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

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mfedorka

Sr. Member
Posts: 324

Reply #1 on: Jul 20, 2019

true

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mikaylakyoung

Hero Member
Posts: 531

Reply #2 on: Jul 20, 2019

Excellent

mfedorka

Sr. Member
Posts: 324

Reply #3 on: Jul 20, 2019

Great! Please up vote

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Author Question: If total revenue is unrelated to price, then demand is unitary elastic. (Read 59 times)

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