Asked by Lerato
Is price increase the correct decision to raise revenue?substainate ur answer using price elasticity of demand and income elasticity concepts
Answers
Answered by
Reed
You may wish to read your text materials to understand these concepts. You can find more here:
http://www.bing.com/search?q=price+elasticity+of+demand+and+income+elasticity+concepts&form=EDGNTC&qs=PF&cvid=48732885948c46779e488b6c6e1e5da6&pq=price%20elasticity%20of%20demand%20and%20income%20elasticity%20concepts
But I do not know how Ur would answer this question. I believe that was an ancient city in the eastern Mediterranean region.
http://www.bing.com/search?q=price+elasticity+of+demand+and+income+elasticity+concepts&form=EDGNTC&qs=PF&cvid=48732885948c46779e488b6c6e1e5da6&pq=price%20elasticity%20of%20demand%20and%20income%20elasticity%20concepts
But I do not know how Ur would answer this question. I believe that was an ancient city in the eastern Mediterranean region.
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