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March 26, 2017

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Which of the following firms caould raise prices and expect an increase in revenues?
A)a firm product has an elasticity of 1
B)a firm whose product has an elasticity of 0.31
C)a firm whose product has an elasticity of 3.1
D)all firms regardless of the elasticity of their products

  • Economics - ,

    a

  • Economics - ,

    a firm whose product has an elasticity of 0.31

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