When the price of commodity B rises by 10%, the total revenue received by firms that sell

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When the price of commodity B rises by 10%, the total revenue received by firms that sell commodity B rises by 5%. The demand for commodity B is therefore

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Modern Principles of Economics

ISBN: 978-1429278393

3rd edition

Authors: Tyler Cowen, Alex Tabarrok

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Posted Date: May 14, 2024 08:59 AM

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When the price of commodity B rises by 10%, the total revenue received by firms that sell

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Modern Principles of Economics

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