Answer:
In economics, the total revenue test is a means for determining whether demand is elastic or inelastic.
Explanation:
If an increase in price causes an increase in total revenue, then demand can be said to be inelastic, since the increase in price does not have a large impact on quantity demanded.
Answer:
Perspective is the 'point of view' from which the creator of a source described historical events. Every person sees and understands events differently depending on their age, gender, social position, beliefs and values.
Explanation:
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