Question: normation About PC.com Due: Mon, Nor! Assignment Score: 9.2% Resources Hint Check Answer ka Question 3 of 18 > Each scenario gives some information about

 normation About PC.com Due: Mon, Nor! Assignment Score: 9.2% Resources Hint

normation About PC.com Due: Mon, Nor! Assignment Score: 9.2% Resources Hint Check Answer ka Question 3 of 18 > Each scenario gives some information about price elasticity of demand. For each calculate the missing data, and determine if the price change under consideration will increase, decrease, or not change the firm's total revenue. a. Honest Abe's Used Cars estimates the price elasticity of demand for their cars to be -2.1. Last month. Abe tried a new marketing scheme which decreased the number of cars sold by 87%. For the following numerical answers, please round your answer to one decimal. Abe must have increased his prices by Abe's total revenue decreased

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