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    Demand Curve Elasticity and Total Revenue

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    Suppose that successive price reductions reduce total revenue. The supplier faces a demand curve that is, in this region:
    A) price elastic.
    B) unitary elastic.
    C) infinitely price elastic.
    D) of indeterminate elasticity.
    E) price inelastic.

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    Since successive price reductions reduce total revenue, this means that ...

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    The expert examines demand curve elasticity and total revenues. The solution answers the question(s) below.