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12 Dec 2017
36. If a rise in price results in a decrease in total revenue, then the price elasticity of demand is A) negative. B) zero. C) greater than zero but less than 1. D) equal to 1. E) greater than 1.
36. If a rise in price results in a decrease in total revenue, then the price elasticity of demand is A) negative. B) zero. C) greater than zero but less than 1. D) equal to 1. E) greater than 1.
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