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Assume the same facts as the previous question, but that NS also changes the price of breakfast sandwiches from $8 to $10 (a 25% increase
Assume the same facts as the previous question, but that NS also changes the price of breakfast sandwiches from $8 to $10 (a 25% increase in price) and that the number of breakfast sandwiches sold decreases from 200 to 180 (a 10% decrease in quantity). Which of the following is TRUE: a. Coffee profits decrease by less than breakfast sandwich profits increase b. Coffee profits and breakfast sandwich profits increase c. Coffee profits decrease by more than breakfast sandwich profits decrease d. Coffee profits decrease by more than breakfast sandwich profits increase e. Coffee profits and breakfast sandwich profits decrease
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