MCQs > Finance & Management > Business Management > Businesses assume an _________ demand when they increase prices to raise total revenue.

Business Management MCQs

Businesses assume an _________ demand when they increase prices to raise total revenue.

Answer

Correct Answer: Inelastic

Explanation:

Note: This Question is unanswered, help us to find answer for this one

Business Management Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it

search

Business Management Skill Assessment

Overall Skill Level-Poor

Your Skill Level: Poor

Retake Quizzes to improve it