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Mark is selling gourmet apples at a price of $3 per pound. currently, he sells 150 pounds of apples per week. this week, mark raises his price to $5, and his sales of apples fall to 100 lbs. mark's initial revenue from apple sales was $ nothing. mark's new revenue from apple sales is $ nothing. since mark's revenue increased when the price of apples rose, the demand for mark's gourmet apples must be ▼ elastic unitary inelastic .
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Mark is selling gourmet apples at a price of $3 per pound. currently, he sells 150 pounds of apples...
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