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Business, 28.06.2019 20:10 alton75

You own a small town movie theatre. you currently charge $5 per ticket for everyone who comes to your movies. your friend who took an economics course in college tells you that there may be a way to increase your total revenue by increasing the price. is this necessarily a good idea? what is/explain/describe the relationship between revenue and elasticity?

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You own a small town movie theatre. you currently charge $5 per ticket for everyone who comes to you...

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