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The manager of a firm believes that she would lose sales if she raised herprices by $2.00, but the revenue lost would bemore than offset

The manager of a firm believes that she would lose sales if she raised herprices by $2.00, but the revenue lost would bemore than offset by higherrevenues from the higher price.This indicates that the manager perceives demand to be...

Question 43 options:

inelastic

elastic

unit elastic

insufficient information

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