The business marketer will find that total revenue will ____ if the price is decreased and demand is price inelastic.
a. rise a little
b. rise sharply
c. remain the same
d. fall
Answer: D
The business marketer will find that total revenue will ____ if the price is decreased and demand is price inelastic.
a. rise a little
b. rise sharply
c. remain the same
d. fall