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Homework answers / question archive / When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the firm by: A

When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the firm by: A

Economics

When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the firm by:

A. 125 percent B. 100 percent C.25 percent D. 0 percent

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