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QUESTION 3 Last week, your cafe sold 4,200 cups of coffee. Demand is expected to decrease by 10% for every 5% increase in price. Your
QUESTION 3 Last week, your cafe sold 4,200 cups of coffee. Demand is expected to decrease by 10% for every 5% increase in price. Your current price is $3.40 and you are considering raising your price to $3.70. What is the percent price increase? 0.00 % What do you expect demand to be after the price increase if nothing else changes? o 4 cups
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