If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to: - Study24x7
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Rahool kumar
11 Sep 2019 08:09 PM study24x7 study24x7

If the demand for a good is inelastic, an increase in its price will cause the total expenditure of the consumers of the good to:

A

Decrease

B

Increase

C

Remain constant

D

Non of these

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