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Title: If the own-price elasticity of demand is -1.25, in order for the manufacturer of Ragu to increase ... Post by: Ilovebacon22 on Mar 17, 2019 If the own-price elasticity of demand is -1.25, in order for the manufacturer of Ragu to increase total revenue, at least in the short run, it would be advisable to • Do nothing. • Raise the price of Ragu. • Lower the price of Ragu. • Can't tell; insufficient information Title: If the own-price elasticity of demand is -1.25, in order for the manufacturer of Ragu to increase ... Post by: zachcarytcris on Mar 17, 2019 Content hidden
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