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Assume that you own a local brewery and that you sell 12 packs of your beer for $10 each. You hire a consultant to help
Assume that you own a local brewery and that you sell 12 packs of your beer for $10 each. You hire a consultant to help you improve your business and she shows you that the price elasticity for your beer is 0.85.If your goal is to maximize your income/revenue, what should you do? (2 points)
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