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18 December, 03:05

If a business decreases the price of its product and the product is elastic what happens to the total revenue of the business

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  1. 18 December, 07:01
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    The revenue then increases. Decreasing your costs implies you'll gather more income from each buy a client makes. Expecting your volume, normal exchange size, and recurrence remains the same, raising your costs will acquire more income for a similar measure of exertion.
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