Question

If the demand for a good is inelastic, an

increase in its price will cause the total

expenditure of the consumers of the goods to


a) Remain the same
b) Increase

c) Decrease
d) Any of these​

Answer 1

I think the ans will be

Increase

Answer 2

Answer:

Increase

Explanation:

consumers of the good to increase. Raising prices will always cause total revenue to increase.