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Business, 30.07.2019 10:00 alanaruth3389

If a pizza hut raises the price of a slice of pizza from $3.00 to $3.25, the quantity demanded decreases from 1,500 slices per week to 1,300 slices per week. the demand for slices of pizza is and the total revenue received by this pizza hut a. unit elastic; does not change b. inelastic; decreases c. inelastic; increases d. elastic; increases e. elastic; decreases

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If a pizza hut raises the price of a slice of pizza from $3.00 to $3.25, the quantity demanded decre...
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