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The relationship between the change in price and total expenditures for an elastic demand curve is a. variable. b. unit elastic. c. inverse. d. direct.

The relationship between the change in price and total expenditures for an elastic demand curve is a. variable. b. unit elastic. c. inverse. d. direct.
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The relationship between the change in price and total expenditures for an elastic demand curve is

a. variable.
b. unit elastic.
c. inverse.
d. direct.

asked
User McBear Holden
by
7.7k points

1 Answer

9 votes

Answer:

C. Inverse

Step-by-step explanation:

answered
User Christopher Reid
by
6.7k points
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