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Author Question: You own a small store. Your cashier thinks you should raise prices to increase your total revenue ... (Read 37 times)

lindiwe

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on: May 24, 2019
You own a small store. Your cashier thinks you should raise prices to increase your total revenue and your customer thinks you should lower prices to increase your total revenue. The cashier thinks the price elasticity of demand is ________ and the customer believes the price elasticity of demand is ________.
◦ inelastic; elastic
◦ elastic; inelastic
◦ elastic; elastic
◦ inelastic; inelastic
◦ unit elastic; elastic
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by lindiwe on May 24, 2019

otokexnaru

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lindiwe

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Reply #2 on: May 24, 2019
Excellent


otokexnaru

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Reply #3 on: May 24, 2019
Great! Please up vote :D


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