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Given the following information about product X and product Y from the problem:Revenues per year from product X $ 2 0 , 0 0 0

Given the following information about product X and product Y from the problem:Revenues per year from product X $20,000
Revenues per year from product Y $80,000
Own price elasticity of demand for product X 3
Cross-price elasticity of demand between products X and Y 1.6
Price increase of product X (percent)2
How much will your firms total revenues (revenues from both products) change?

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