Suppose the price of bippitybops is currently 120 per, Ask an Expert

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Suppose the price of bippitybops is currently $120 per bippitybop, shown as point A on the initial graph. Because the price elasticity of demand between points A and B isinelastic , a $15-per-bippitybop decrease in price will lead to NO CHANGE? in total revenue per day. is NO CHANGE correct?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91705630

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