2008
Economics
POST UTME
When the demand for a commodity is inelastic, total revenue will fall if
A.
price is increase
B.
price remains constant
C.
price is reduced
D.
The commodity is a luxury.
Correct Answer: price is reduced
Explanation
This Question has no answer detail yet, Add oneTHIS WEEK's
Latest Articles
Top-Scorer Okoro Uchechukwu Solomon Reveals How He Scored 337 in JAMB
by samuel olalekan adeyemi
Bouncing Back: How Samuel Isaac Overcame Setbacks to Score 265 in JAMB and What He Learned
by samuel olalekan adeyemi
Managing Stress During Exams: Practical Tips for Students
by samuel olalekan adeyemi
