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Homework question If the value of the price elasticity of X is 1.45, then a price decrease of X will O a. decrease revenues for

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Homework question

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If the value of the price elasticity of X is 1.45, then a price decrease of X will O a. decrease revenues for the suppliers of X O b. increase revenues for the suppliers of X O c. will not affect revenues for the suppliers of X O d. will increase or decrease revenues for the suppliers of X

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