In which of the following cases will total revenue increase

Asked by admin @ in Business Studies viewed by 306 People

In which of the following cases will total revenue increase?

A) Price rises and demand is inelastic
B) Price falls and supply is inelastic
C) Price rises and demand is elastic
D) Price falls and demand is inelastic

Answered by admin @


A. price Rises and demand is inelastic.

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