Suppose that the total revenue received by a company, Business Economics

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Suppose that the total revenue received by a company

Suppose that the total revenue received by a company selling basketballs is $840 when the price is set at $30 per basketball and $840 when the price is set at $20 per basketball. Without using the midpoint formula, identify whether demand is elastic, inelastic, or unit-elastic over this price range.

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Business Economics: Suppose that the total revenue received by a company

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