Question: 2. (S points) Fill in the blank: Say the price of an item is raised. Ifthe demand is elastic (E > 1): revenue will

2. (S points) Fill in the blank: Say the price of an
item is raised. Ifthe demand is elastic (E > 1): revenue will

2. (S points) Fill in the blank: Say the price of an item is raised. Ifthe demand is elastic (E > 1): revenue will crease

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