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If you own a cafe that sells coffe and your economicst friend tells you that the price the elasticity of demand for the coffe is

If you own a cafe that sells coffe and your economicst friend tells you that the price the elasticity of demand for the coffe is 1.2,then to increase your revenue you should

A) decrease your advertising spending

B) Buy another coffe machine

C) increase your coffe price

D) decrease your coffee price

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Managerial economics

Managerial economics

Authors: william f. samuelson stephen g. marks

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9781118214183, 1118041585, 1118214188, 978-1118041581

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