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Question 7 (1 point) Retake question Currently a firm faces a price elasticity of demand of -3.2. If the firm raises its price a modest
Question 7 (1 point)
Retake question
Currently a firm faces a price elasticity of demand of -3.2. If the firm raises its price a modest amount, units sold of course will decline, but what will happen to Total Revenue?
Question 7 options:
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