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Relation between price and revenue

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What does economic theory tell you about the relation between price and revenue for this elasticity of the amazon kindle for example? Say, you think that demand is inelastic. Then economic theory tells you that revenues move with price. So what did you price date tell you about the amazon kindle? If you found that prices have been increasing then this means revenues should have been increasing as well? Please provide sources with your answers.

Reference no: EM132479944

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