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True or False The average product and marginal product do not cross each other 26 When the price elasticity of demand is less than 1 price increase increase

True or False: (Please be SURE about your answers) 25. The average product and marginal product do not cross each other. 26. When the price elasticity of demand is less than 1, price increase increases revenue. 27. When the price elasticity of demand is greater than 1, price decrease decreases revenue.

Apr 05 2020 View more View Less

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