If the demand curve of a monopolist is in the inelastic range thena)Total Revenue will fall if price increasesb)Total Revenue will be unchanged if price increasesc)Total Revenue will rise if price increasesd)Total Supply will increase by an equal amount if demand increasese)Price will be unchanged if total revenue increases.My head is killing my and this question will be the difference between me keeping my a or getting a b. I believe its a or b and b is my gut but after an hour of trying to get this answer I'm giving up. Please help me.
This question was answered on: May 23, 2022
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