Business, 26.02.2020 23:48 maricelajacinto3379

Which of the following is not possible?a. Demand is elastic, and a decrease in price causes an increase in revenue. b. Demand is unit elastic, and a decrease in price causes an increase in revenue. c. Demand is inelastic, and an increase in price causes an increase in revenue. d. Demand is perfectly inelastic, and an increase in price causes an increase in revenue.

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Which of the following is not possible?a. Demand is elastic, and a decrease in price causes an incre...

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