Question

34. A decrease in price will result in an increase in total revenue if:
(a) The percentage change in quantity demanded in less than the percentage
change in price.
(b). The percentage change in quantity demanded is greater than the percentage
change in price.
(c) Demand is inelastic.
(d) The consumer is operating along liner demand curve at a point at which the
price is very low and the quantity demanded is very high.​

Answer 1

Explanation:

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