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If a coffee shop experiences an increase in the price of the corfee beans they purchase, they will be able to pass on that cost
If a coffee shop experiences an increase in the price of the corfee beans they purchase, they will be able to pass on that cost to their customers in terms of higher prices without hurting sales if:
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Econometric Analysis
Authors: William H. Greene
8th Edition
978-0134461366, 0134461363
