'Price increases quantity decreases' diaporamas de présentation

Elasticity, price changes, and changes in total revenue (TR) (total expenditure, (TE)).

Elasticity, price changes, and changes in total revenue (TR) (total expenditure, (TE)). In the market for a particular good: Total revenue (TR) is the amount of money sellers take in. Total expenditure (TE) is the amount of money buyers pay out. Assuming no excise taxes:

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