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Price-demand equation for the burgers is:x + 381p = 3,046 p = price of hamburger in dollarsx= number of hamburgers demanded at that price Use

Price-demand equation for the burgers is:x + 381p = 3,046 p = price of hamburger in dollarsx= number of hamburgers demanded at that price

Use the Revenue and Elasticity information above to answer this question. If the current price of a hamburger at Yaster's Burgers is $3.27, will a 8% price increase cause revenue to 1. increase or 2. decrease? Enter 1 or 2

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