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Q13. A company, at its current price and quantity sold, has total revenue = 84,950 and total costs = $2,875, the firm raises its prices

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Q13. A company, at its current price and quantity sold, has total revenue = 84,950 and total costs = $2,875, the firm raises its prices resulting in total revenue = 54,825 and total costs = $2,005 Was the price increase a good idea

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