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Basic Question 1 of 4
If the demand is inelastic, raising unit prices due to inflation will:
B. not affect revenue.
C. decrease revenue.
A. increase revenue.
B. not affect revenue.
C. decrease revenue.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain how to forecast industry and company sales and costs when they are subject to price inflation or deflation
CFA® 2025 Level I Curriculum, Volume 3, Module 12.