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As the manager of a golf resort, you want to increase the number of tee times sold by 12%. Your staff economist (and junior caddy)
As the manager of a golf resort, you want to increase the number of tee times sold by 12%. Your staff economist (and junior caddy) has determined that the price elasticity of demand for tee times is -2 . Instructions: Round your answer to 1 decimal place. To increase sales by the desired amount, the price of a tee time should be; (Icick to mincti ?) by percent
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