You sell two different goods: printers and toner cartridges. The price elasticity of demand fo the printers is -3,4, and you earn a revenue of RMI5,000 per month from the good. You carn a revenue of RMS,000 per month from the Roner-Cariridges.. The cross price elasticity of demand for both of the goods is 25 f you decide to decreasc the price of the printers by 5%, ealeulate yonST new total revenues for both of the goods. (e)
You sell two different goods: printers and toner cartridges. The price elasticity of demand fo the printers is -3,4, and you earn a revenue of RMI5,000 per month from the good. You carn a revenue of RMS,000 per month from the Roner-Cariridges.. The cross price elasticity of demand for both of the goods is 25 f you decide to decreasc the price of the printers by 5%, ealeulate yonST new total revenues for both of the goods. (e)
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