1)please explain the no8 step by step, please dont just put the answer as the answer is...
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Question:
1)please explain the no8 step by step, please dont just put the answer as the answer is given, byt rather step by step explanations
2)Based on what you found in the previous questions, how does a firm's pricing decision relate to the elasticity of demand for the good they sell? In the real world, what do you think is the most important factor influencing the elasticity that the firm faces?
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