According to the Department of Statistics Malaysia (DOSM) in 2020, the production to five economics sectors namely services, manufacturing, agriculture, mining, and quarrying; and construction registered a contraction with a highly challenging domestic operating environment and lower global demand in response to Covid-19 Pandemic as shown in FIGURE 1. Therefore, it is putting into pressure especially to the Small-Medium Enterprises (SME) in Malaysia for making pricing decision on its products or services in relations to a firm's total revenue. briefly evaluate THREE (3) effects on a firm's total revenue in response between percentage change in quantity demanded for a goods or services with respect to the percentage change in price based on specific economics sectors
. According to the Department of Statistics Malaysia (DOSM) in 2020, the production to five economics sectors namely services, manufacturing, agriculture, mining, and quarrying; and construction registered a contraction with a highly challenging domestic operating environment and lower global demand in response to Covid-19 Pandemic as shown in FIGURE 1. Therefore, it is putting into pressure especially to the Small-Medium Enterprises (SME) in Malaysia for making pricing decision on its products or services in relations to a firm's total revenue. briefly evaluate THREE (3) effects on a firm's total revenue in response between percentage change in quantity demanded for a goods or services with respect to the percentage change in
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