As you increase the price of a good you are selling your
As you increase the price of a good you are selling, your total revenue increases, but your total profit decreases. Supposing that your demand has not changed, what do these two facts imply for the price elasticity of demand and your cost structure?
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sarah and laura are playing an ultimatum game where laura is given an eight-slice pizza and asked to propose a way of
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as you increase the price of a good you are selling your total revenue increases but your total profit decreases
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