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Price elasticity of demand zooms in on how price changes impact quantity demanded. Consider and answer at least one of the following questions. Why are

Price elasticity of demand "zooms in" on how price changes impact quantity demanded. Consider and answer at least one of the following questions. Why are convenience stores able to charge higher prices than grocery stores for some items? If a firm wants to maximize its revenues, then what price should it charge? What factors influence the price elasticity of demand for nutrition supplements

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