What does economy theory tells you about the relation between price and revenue for the elasticity...

What does economy theory tells you about the relation between price and revenue for the elasticity of the “Amazon company” for example? Say, you think that the demand is inelastic. The economy theory tells you you that revenues move with price. So what did you prices data tell you about the amazon company? If you found that prices have been increasing then this means revenues should have been increasing as well. Please provide sources with your answers.

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Rahul Sunny answered 7 months ago

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