Agree or disagree with this statements and explain:
If the demand for a good has unitary elasticity, or elasticity
is -1, it is always true that an increase in its price will lead to
more revenues for sellers taken as a whole.
If the demand for a good has unitary elasticity, or elasticity
is -1, it is always true that an increase in its price will lead to
more revenues for sellers taken as a whole.
1 answer
1 answer
1 answer
1 answer