Analyse the effect of price rise on the total revenue


Problem

Based on your discussion of elasticity, illustrate and analyse the effect of price rise on the total revenue of the firms selling prawns in the market.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Analyse the effect of price rise on the total revenue
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