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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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Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
explain how to forecast industry and company sales and costs when they are subject to price inflation or deflation
CFA® 2024 Level I Curriculum, Volume 3, Module 12.