1. Does an increase in price necessarily bring about a higher total revenue? Explain

asked Apr 2, 2024 163k views

2 votes

8.6k points

Please log in or register to add a comment.

7 votes

Answer: A price increase will therefore increase total revenue while a price decrease will decrease total revenue.

Explanation: Hope it helps

Whybird answered Apr 9, 2024

7.9k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.3m questions

12.1m answers