Assume a change in price causes the price elasticity of, Microeconomics

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Assume a change in price causes the price elasticity of

Assume a change in price causes the price elasticity of demand for a good (in absolute value) and marginal revenue to decrease. In this case we can conclude that the price of the good was:

A. Decreased

B. Increased

C. Held constant

D. Cannot be determined

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Microeconomics: Assume a change in price causes the price elasticity of

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Microeconomics: Assume a change in price causes the price elasticity of

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