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the following questions in your discussion response: 1) Why are convenience stores able to charge higher prices than grocery stores for some items? 2) If
the following questions in your discussion response: 1) Why are convenience stores able to charge higher prices than grocery stores for some items? 2) If you notice that when a firmincreasesprice, there is no impact on the firm's total revenue, what can you conclude about the price elasticity of demand? Why
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