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If the elasticity for computers at the current price is at 6.4, what would happen to total revenues if a computer manufacturer doubled its price?
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Nov 2, 2017
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If the elasticity for computers at the current price is at 6.4, what would happen to total revenues if a computer manufacturer doubled its price?
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Tomas Reimers
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The answer would be
They go down drastically
Basement
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Nov 3, 2017
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They would go down drastically fast.
Andrii Kudriavtsev
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Nov 8, 2017
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