Question: Refer to the demand schedule below: Price ($) Quantity demanded 0 80 70 50 60 100 50 150 40 200 30 250 20 300 10


Refer to the demand schedule below: Price ($) Quantity demanded 0 80 70 50 60 100 50 150 40 200 30 250 20 300 10 350 0 400 Price increases from $30 to $40. Demand is v (Click to select) unit-elastic nd total revenue (Click to inelastic elasticd schedule below. Ity demanded 50 100 150 200 250 300 950 100 $30 to $40. "ect] v and total revenue v (Click to select) stays the same decreases increases
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