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  9. Q8
Question 8

What effect will an increase in price have on the total revenue of a firm whose product has inelastic demand? total revenue will

  • A.increase
  • B.fall
  • C.fluctuate
  • D.remain unchanged
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2016
Question no.
#8
Type
Objective
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