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Author Question: Pizza Hut lowers the price of its pizza. The price elasticity of demand for Pizza Hut pizza equals ... (Read 149 times)

pragya sharda

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on: May 24, 2019
Pizza Hut lowers the price of its pizza. The price elasticity of demand for Pizza Hut pizza equals 0.3. What happens to the Pizza Hut's total revenue?
◦ nothing
◦ It increases.
◦ It decreases.
◦ It becomes negative.
◦ It might change, but more information is needed to determine if it increases, decreases, or does not change.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by pragya sharda on May 24, 2019

brittrenee

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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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pragya sharda

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Reply 2 on: May 24, 2019
Excellent

anyusername12131

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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