Business
Business, 24.10.2019 20:43, alemorachis49

Suppose that over one range of prices, the absolute value of the price elasticity of demand varies from 15.0 to 2.5, and over another range of prices, the absolute value of the price elasticity of demand varies from 1.5 to 0.75. what can you say about total revenue and the total revenue curve over these two ranges of the demand curve as price falls?

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