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In order to increase revenue, the seller of a commodity whose demand is fairly elastic ...
Classroom
Economics Classroom
Jamb
Jamb 2004
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In order to increase revenue, the seller of a commodity whose demand is fairly elastic is advised to
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Increase price
B
Reduce output
C
Reduce price
D
Retain price
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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