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Basic Question 1 of 4

If the demand is inelastic, raising unit prices due to inflation will:

A. increase revenue.
B. not affect revenue.
C. decrease revenue.

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I used your notes and passed ... highly recommended!
Lauren

Lauren

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.