Business, 27.08.2020 14:01, TrystinMarie2344

A 20 percent decrease in the price of breakfast cereal leads to a 30 percent increase in the quantity of cereal demanded. As a result:A. total revenue will decrease. B. total revenue will increase. C. total revenue will remain constant. D. the elasticity of demand will increase

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A 20 percent decrease in the price of breakfast cereal leads to a 30 percent increase in the quantit...