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7. Curranly famous writer Nicholas Is evaluating his business plan (for his book How to get the body you want In It weeks business). Currently
7. Curranly famous writer Nicholas Is evaluating his business plan (for his book "How to get the body you want In It weeks" business). Currently his book has had major success causing the demand for his health book to be Inelastic. Ho fools ho should decrease his prices in order to increase his revenue. Do you agros or disagree with his plan! Ensure to explain your opinion of elasticity for his product and Impact on Total Revenue (should he decrease prices!). Include a domand graph to support your answer. (2 marks explanation, 2 marke for groph)
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