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Basic Question 1 of 4
If the demand is inelastic, raising unit prices due to inflation will:
B. not affect revenue.
C. decrease revenue.
A. increase revenue.
B. not affect revenue.
C. decrease revenue.
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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!
Barnes
Learning Outcome Statements
explain how to forecast industry and company sales and costs when they are subject to price inflation or deflation
CFA® 2025 Level I Curriculum, Volume 3, Module 12.