K krystin* New member Jun 27, 2009 #1 Why do price and total revenue go in opposite directions when the demand for the good is elastic? Well..yeah,I have used all my resources given to me. The "picture" of elastic demand is clear as mud..
Why do price and total revenue go in opposite directions when the demand for the good is elastic? Well..yeah,I have used all my resources given to me. The "picture" of elastic demand is clear as mud..