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If the price of an item increases from $26 to $29, then the quantity demanded (in thousands) decreases from 600 to 565 units. A.

If the price of an item increases from $26 to $29, then the quantity demanded (in thousands) decreases from 600 to 565 units. A. The approximate price demand elasticity for this scenario is? B. At this price, $26, we would say the demand is Select an answer C. Based on this, to increase revenue the price should be Select an answer Preview (nearest 0.1)

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