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    elasticity of demand and revenue

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    Is there a relationship between the elasticity of demand and revenue? Explain.

    © BrainMass Inc. brainmass.com October 9, 2019, 5:56 pm ad1c9bdddf
    https://brainmass.com/economics/macroeconomics/elasticity-of-demand-and-revenue-72779

    Solution Preview

    Yes, there exists a relationship between the elasticity and total revenue. If the demand is elastic (if the elasticity is more negative ...

    Solution Summary

    Correlate elasticity of demand and revenue.

    $2.19