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Anna is a manager at a pizzeria in town, and wants to determine whether the demand for pepperoni pizzas is elastic or inelastic. Over the
Anna is a manager at a pizzeria in town, and wants to determine whether the demand for pepperoni pizzas is elastic or inelastic. Over the last several months, she has been adjusting the prices of pepperoni pizza, and has information on sales and total revenue.
When Anna charged $ per pizza, she sold pizzas. When she cut the price to $ she sold pizzas. Since revenue Anna knows that demand is
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Assume that Anna wants to charge a price to maximize total revenue. Given your answer above, Anna should of pizza. the price
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