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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 happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
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.