Question: This test: 15 point(s) possible This question: 1 point(s) possible The table gives the demand schedule for peanuts. When the price of peanuts falls from

This test: 15 point(s) possible This question: 1 point(s) possible The table gives the demand schedule for peanuts. When the price of peanuts falls from $1.40 to $1.00 a packet, what is the change in total revenue? Describe the price elasticity of demand for peanuts over this price range. =D The change in total revenue is [| dollars. If total revenue decreases, include a minus sign. If total revenue increases, do not include a plus sign. Over the price range of $1.00 to $1.40, the demand for peanuts is

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