Explain in detail and carefullythe price elasticity of


Explain in detail and carefully:The price elasticity of demand for a product is -2.50. Will a shortage (in a primary part that makes up the product)  likely increase or decrease the revenues of the manufactures?

 

 

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Microeconomics: Explain in detail and carefullythe price elasticity of
Reference No:- TGS01083908

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