If the current price of an order of fries is 129 will a 10


Revenue and elasticity. Refer to Problem. If the current price of an order of fries is $1.29, will a 10% price decrease cause revenue to increase or decrease?

Problem
Revenue and elasticity. The price demand equation for an order of fries at a fast-food restaurant is x+1,000p=2,500

Currently, the price of an order of fries is $0.99. If the price is decreased by 10%, will revenue increase or decrease?

Request for Solution File

Ask an Expert for Answer!!
Project Management: If the current price of an order of fries is 129 will a 10
Reference No:- TGS01671539

Expected delivery within 24 Hours