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Jimmys Peanut Farm wants to increase the quantity of peanuts that it sells by 10 percent. The price elasticity of demand for peanuts sold by

Jimmys Peanut Farm wants to increase the quantity of peanuts that it sells by 10 percent. The price elasticity of demand for peanuts sold by Jimmy's Peanut Farm is 1.9.

What is the percentage price cut that will achieve the firm's objective?

The percentage price cut is ___ percent.

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