Total Revenue and the Elasticity of Demand
{"Image DocumentName": "Total Revenue and the Elasticity of Demand", "Image ImageDescription": "A firm\u2019s revenues are equal to price per unit times quantity sold. Revenue = Price x Quantity. The elasticity of demand directly influences revenues when the price of the good changes. Instructor Notes:", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}