Suppose a restaurant estimates its price elasticity of demand is -3.0 and its income elasticity is 2.0. It has been shut down but now is allowed to reopen at only 50% of its original level of patrons. Suppose this means it will be reduced from serving its original level of 100 plates to a pandemic level of 50 plates. Income has dropped 10% . For the restaurant to meet its target of 50 plates served. What percentage change in price will be required?

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