Refer to Problem 67. If the current price of an order of fries is $1.29, will a
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Problem 67
The price-demand equation for an order of fries at a fast-food restaurant is
x+ l,000p = 2,500
Currently, the price of an order of fries is $0.99. If the price is decreased by 10%, will revenue increase or decrease?
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x 2500 1000p Thus a 10 ...View the full answer
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Related Book For 
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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