Move forward with plan to raise prices to increase revenues


Demand for Ben and Jerry's Ice Cream:
% CHANGE IN PRICE = +10%
% CHANGE IN QUANTITY = -12%

ELASTICITY = 1.2

a. Would you recommend that Ben and Jerry's move forward with a plan to raise prices if the company's only goal is to increase revenues?

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Microeconomics: Move forward with plan to raise prices to increase revenues
Reference No:- TGS074071

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