Revenue and elasticity The price demand equation for

Last updated: 6/16/2023

Revenue and elasticity The price demand equation for hamburgers at a fast food restaurant is x 400p 3 000 Currently the price of a hamburger is 3 00 If the price is increased by 10 will revenue increase or decrease Revenue and elasticity Refer to Problem 85 If the current price of a hamburger is 4 0 will a 10 price increase cause revenue to increase or decrease