Which of the following statements is true assuming that demand for a product is price inelastic? a. An increase in price will have no effect on total revenue. b. An increase in price will result in an increase the quantity demanded that is more than the increase in price. c. An increase in price will result in an increase in total revenue. d. An increase in price will result in a decrease in total revenue.
发布时间:2024-06-21 10:33:15