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Assume that there are two critical industries in Malaysia- one being the petroleum industry and the other the car industry. Using your knowledge of 'inelasticity
Assume that there are two critical industries in Malaysia- one being the petroleum industry and the other the car industry. Using your knowledge of 'inelasticity & elasticity demand', explain how you will increase the revenue of each firm? Explain the method you will employ to enhance the saleability of the product in each industry.
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