Question
Q1. A.Pharmacies raise the price of insulin by 10%. Does total expenditure on insulin rise or fall? B. As a result of a fare war,
Q1. A.Pharmacies raise the price of insulin by 10%. Does total expenditure on insulin rise or fall?
B. As a result of a fare war, the price of a luxury cruise falls 20%. Does luxury cruise companies' total revenue rise or fall?
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International Economics
Authors: James Gerber
7th edition
134472098, 134523873, 978-0134472096
