If demand for some good was perfectly price inelastic, how would total revenue from its sales change

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If demand for some good was perfectly price inelastic, how would total revenue from its sales change as its price changed?

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 16, 2023 12:16 AM

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If demand for some good was perfectly price inelastic, how would total revenue from its sales change

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A perfectly price inelastic demand curve would be one where ...View the full answer

Exploring Economics

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