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Please help
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answerhappygod
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Please help
Please help
3 If the elasticity of demand is 4, and the price of a cup of coffee is $2, how much would the seller need to reduce her price in order to increase the quantity sold by 20 percent? Instructions: Enter your answer rounded to 2 decimal places (i.e in dollars and cents). The seller would need to reduce her price by: $[ 4.8 View previous attempt
3 If the elasticity of demand is 4, and the price of a cup of coffee is $2, how much would the seller need to reduce her price in order to increase the quantity sold by 20 percent? Instructions: Enter your answer rounded to 2 decimal places (i.e in dollars and cents). The seller would need to reduce her price by: $[ 4.8 View previous attempt