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

Search SchoolNGR

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

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

SchoolNGR Classroom

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

A Normal
B Elastic
C Inelastic
D Abnormal
E Unitary

Correct Answer: Option C

Explanation:

Prev Current Next

Study Subjects

Stay Updated

Follow us on: