Mathematics, 04.02.2020 06:45 sports1997
Alocal pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. suppose the owner of the pizzeria tells you that the price elasticity of demand for his pizza is -4, and he asks you for advice. he wants to know two things. first, how many pizzas will he sell if he cuts his price by 10%? second, how will his revenue be affected?
if he cuts his price by 10%, his sales will increase to pizzas, and his total revenue will increase to $
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Alocal pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. suppose the owner...
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