A anthony New member Sep 19, 2011 #1 If the elasticity between two points on a demand curve is 3 and price increases... total revenue decreases. total revenue is unchanged. total revenue increases. total revenue could either increase or decrease, but it is indeterminate.
If the elasticity between two points on a demand curve is 3 and price increases... total revenue decreases. total revenue is unchanged. total revenue increases. total revenue could either increase or decrease, but it is indeterminate.
