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Business, 30.03.2020 16:59 okurrrr

Tracey sells 100 gourmet cupcakes per day at $2 each. She is considering raising her price to $2.50 per cupcake in order to increase her revenues. If the price elasticity of demand for Tracey's cupcakes is 2, would she increase her revenues?

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Tracey sells 100 gourmet cupcakes per day at $2 each. She is considering raising her price to $2.50...
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