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    Microeconomics Study Set 44
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    Exam 6: Elasticity
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    If Funeral Homes Discover That the Price Elasticity of Demand
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If Funeral Homes Discover That the Price Elasticity of Demand

Question 292

Question 292

True/False

If funeral homes discover that the price elasticity of demand for caskets equals 0.55 at the current price, funeral homes should increase prices to increase revenue.

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