- CFA Exams
- CFA Exam: Level II 2021
- Study Session 10. Equity Valuation (2)
- Reading 26. Industry and Company Analysis
- Subject 5. 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
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