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  • 24-05-2024
  • Business
Answered

You sell 5 different unrelated goods (they are not complements or substitutes for each other. They have 5 different elasticities. Each of these elasticities is given below. If you have some control over the price you charge for these goods, for which of these should you raise your price in order to increase total revenue?
A. 0.2
B. 5
C. 0
D. 1.5
E. 3.0

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