Question: PLEASE SHOW WORK Meme Listen TOTAL PROFITS UP OR DOWN? Kiran's Kandles sells a bathroom candle set for $37.25. The variable cost of components for

PLEASE SHOW WORK Meme Listen TOTAL PROFITS UP OR DOWN? Kiran's

PLEASE SHOW WORK

Meme Listen TOTAL PROFITS UP OR DOWN? Kiran's Kandles sells a bathroom candle set for $37.25. The variable cost of components for this set is going up. Kiran's intends to respond by raising its selling price by 5.1%. Kiran's believes that price elasticity of demand at the original price is -2.4. Given the changes in price and variable cost, Kiran's calculated a percent profit breakeven of +13,5%, Will Kiran's total profits on this candle set GO UP OR GO DOWN after these changes? EXPLAIN HOW YOU KNOW. DO Format B 1 U Meme Listen TOTAL PROFITS UP OR DOWN? Kiran's Kandles sells a bathroom candle set for $37.25. The variable cost of components for this set is going up. Kiran's intends to respond by raising its selling price by 5.1%. Kiran's believes that price elasticity of demand at the original price is -2.4. Given the changes in price and variable cost, Kiran's calculated a percent profit breakeven of +13,5%, Will Kiran's total profits on this candle set GO UP OR GO DOWN after these changes? EXPLAIN HOW YOU KNOW. DO Format B 1 U

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PLEASE SHOW ALL WORK! Meme Listen TOTAL PROFITS UP OR DOWN? Kiran's Kandles sells a bathroom candle set for $37.25. The variable cost of components for this set is going up. Kiran's intends to...

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