For years it seemed that American consumers' demand for liquid fuel was priceinelastic-whether it was to drive their cars or get their brains going in the morning.
Cutting prices in a price-inelastic situation reduces total revenue.
在价格不影响需求的情形下，降价会减少总的收入。
3
Provided also that the demand for health care is own-priceinelastic, the same conclusion is obtained when the uncertainty is about the productivity of health care.