George has been selling 5,000 T-shirts per month for $8.50. When he increased the price to $9.50
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The elastic formula is e Q1 Q2 Q1 Q2 P1 P2 P1 P2 5000400050004...View the full answer
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Managerial Economics A Problem Solving Approach
ISBN: 978-1133951483
3rd edition
Authors: Luke M. Froeb, Brian T. McCann, Mikhael Shor, Michael R. War
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