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economics problems ff35'. The ACME Corporation determines that at current prices the demand For its computer chips has a price eiasticitg 0F 2 in the

economics problems

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\f\f35'. The ACME Corporation determines that at current prices the demand For its computer chips has a price eiasticitg 0F 2 in the short run, while the price eiasticitg For its disk drives is 1. a. H3 the corporation decides to raise the price oF both products by 10 percent, what wil'i happen to its safes? To its safes FEVEnue? {7. Can you tefi From the avaiiaiaie information which product wiii generate the most revenue? if ges, why? he not, what additional inFormation do you need? \f\f

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