- CFA Exams
- CFA Level I Exam
- Topic 4. Financial Statement Analysis
- Learning Module 12. Introduction to Financial Statement Modeling
- Subject 4. Modeling Inflation and Deflation
CFA Practice Question
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.
Correct Answer: A
User Contributed Comments 0
You need to log in first to add your comment.