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OneahmadizEmillies OneahmadizEmillies
  • 04-01-2017
  • Business
Answered

If reynolds increases cigarette prices by 10 percent and the price elasticity of demand is 0.4, by how much money will its annual revenue of $11 billion increase?

Verified Answer :

Affelay
Affelay Affelay
  • 04-01-2017

i think its
=12,100,000,000,000

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