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Author Question: The ABC Computer Company wants to increase the quantity of computers it sells by 5%. If the price ... (Read 1340 times)

itsmyluck

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The ABC Computer Company wants to increase the quantity of computers it sells by 5%. If the price elasticity of demand is -2.5, the company must


◦ increase price by 2.0%.
◦ decrease price by 2.0%.
◦ increase price by 0.5%.
◦ decrease price by 0.5%.


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Marked as best answer by itsmyluck on Apr 19, 2019

nicoleclaire22

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