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A product is being priced at 100 and is being sold 3,000 times. The price elasticity is estimated to be -2.0. By how much would

A product is being priced at 100 and is being sold 3,000 times. The price elasticity is estimated to be -2.0. By how much would the revenues change when increasing the price by 5%? (Negative if a decrease and positive if an increase)

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