If the demand for textbooks is inelastic, then a decrease in the price of textbooks will
a. decrease total revenue of textbook sellers.
b. There is not enough information to answer this question.
c. increase total revenue of textbook sellers.
d. not change total revenue of textbook sellers.
+1
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If the demand for textbooks is inelastic, then a decrease in the price of textbooks will a. decrease total revenue of textbook sellers. b. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Business » If the demand for textbooks is inelastic, then a decrease in the price of textbooks will a. decrease total revenue of textbook sellers. b. There is not enough information to answer this question. c. increase total revenue of textbook sellers. d.