question archive The manager of a company notices that the company’s total revenue would increase if the manager raises the price of the company’s product
The manager of a company notices that the company’s total revenue would increase if the manager raises the price of the company’s product
Subject:EconomicsPrice: Bought3
The manager of a company notices that the company’s total revenue would increase if the manager raises the price of the company’s product. Accordingly, the manager can assert that the demand for the company’s product is: elastic or inelastic, or zero elastic, or unit elastic?
