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QUESTION
4- Suppose the Lethbridge computer company decides to increase the quantity of computers it sells by 6 percent, if the price elasticity of demand is...
4-Suppose the Lethbridge computer company decides to increase the quantity of computers it sells by 6 percent, if the price elasticity of demand is 3.5, the company mustA.Raise the price of a computer by 1.714 percent.B.Raise the price of a computer by 0.21 percent.C.Lower the price of a computer by 0.21 percent.D.Lower the price of a computer by 1.714 percent.E.Lower the price of a computer by 0.58 percent.
