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Describe the relationship between the price elasticity of demand and total revenue. When you face an elastic demand, do you want to raise or lower
- Describe the relationship between the price elasticity of demand and total revenue. When you face an elastic demand, do you want to raise or lower the price to increase your total revenue? Explain why.
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Foodservice Management Principles and Practices
Authors: June Payne Palacio, Monica Theis
12th edition
133003213, 9780133003215, 978-0135122167
