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Stanley would like to revise the price of the products that they are selling due to the worse market condition. He is still in dilemma

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Stanley would like to revise the price of the products that they are selling due to the worse market condition. He is still in dilemma whether to increase or reduce the price level of his product A and Product B to increase the revenue earned. You know that the elasticity of demand of his product A and Product B is - 5 and 5, respectively. How would you advise Stanley regarding on the revision in the price of her products? (10 marks)

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