2. In each case explain how would the following changes in price effect total revenue TR? (2
points) A) Price talls by 10% and quantity demanded increases by 5%. a Remains unchanged TR
increases talled.
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2 In each case explain how would the following changes in p.pdf
1. 2. In each case explain how would the following changes in price effect total revenue TR? (2
points) A) Price talls by 10% and quantity demanded increases by 5%. a Remains unchanged TR
increases talled