If an increase in the price of a commodity leads to increase in total revenue, then it means that the demand for this commodity is? - SchoolNGR

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If an increase in the price of a commodity leads to increase in total revenue, then it ...

If an increase in the price of a commodity leads to increase in total revenue, then it means that the demand for this commodity is?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Normal
B Elastic
C Inelastic
D Abnormal

Correct Answer: Option C

Explanation:

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