If a change in the price of a good results in no change in total revenue, then a. the demand for the good must be elastic. b. the demand for the good must be inelastic. c. the demand for the good must be unit elastic. d. buyers must not respond very much to a change in price.
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Home » Business » If a change in the price of a good results in no change in total revenue, then a. the demand for the good must be elastic. b. the demand for the good must be inelastic. c. the demand for the good must be unit elastic. d.