- #1
domyy
- 196
- 0
I'd like to know how increase in revenue in related to price.
If I have high prices compared to my competitors, and my revenue keeps growing...
what does that mean?
Does it mean my demand keeps growing even though I have high prices?
In this case, my firm is inelastic?
If I have high prices compared to my competitors, and my revenue keeps growing...
what does that mean?
Does it mean my demand keeps growing even though I have high prices?
In this case, my firm is inelastic?