![If price and total revenue move in the same direction, then demand is](https://www.gkseries.com/blog/wp-content/uploads/2022/09/If-price-and-total-revenue-move-in-the-same-direction-then-demand-is.png)
Q. If price and total revenue move in the same direction, then demand is:
A. Inelastic
B. Elastic
C. Unrelated
D. Perfectly elastic
Answer: Inelastic
Q. If price and total revenue move in the same direction, then demand is:
A. Inelastic
B. Elastic
C. Unrelated
D. Perfectly elastic
Answer: Inelastic
Government Schemes Mock Test | Start Test! |
Political Science Mock Test – 42 | Start Test |
History Test – 190 | Start Test |
Quantitative Aptitude Test | Start Test! | Data Interpretation - Mock Test | Start Test! |
General Awareness - Mock Test | Start Test! |
Reasoning Ability - Mock Test | Start Test! |