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Imagine that you own your own business. How would price elasticity of demand impact the pricing decisions of your business? What are the determinants of

  • Imagine that you own your own business. How would price elasticity of demand impact thepricing decisionsof your business?
  • What are thedeterminants of price elasticityof demand? Identify at least three examples.

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SELLER Market Closed My Summary Orders Transactions U nit Cost Price Prot 1 $0.50 $1.35 $0.85 2 $015 $0.79 $0.04 3 $1.00 $1.15 $0.15 Total Prot: $1.04

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