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How would the following changes in price affect total revenue? That is, would total revenue increase, decline, or remain unchanged?
a) Price falls and demand is inelastic.
b) Price rises and demand is elastic.
c) Price rises and demand is inelastic.
d) Price falls and demand is elastic.
e) Price falls and demand is of unit elasticity.
q1. as this is a issues of involving selling prices of hamburgers also the quantity of hamburgers consumers which would
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rom the Blades' Use of Long-Term Financing case study, formulate an overall corporate financial strategy to support the long-term financing of Blades, Inc.
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