Producers' total revenue will decrease if A. The price rises and demand is inelastic. B. income increases and the good is a normal good. C. the price rises and demand is elastic. D. income falls and the good is an inferior good.
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Home » Business » Producers' total revenue will decrease if A. The price rises and demand is inelastic. B. income increases and the good is a normal good. C. the price rises and demand is elastic. D. income falls and the good is an inferior good.