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If the Quantity Sold of Two-Liter Coke Bottles Increases by 10

Question 22

Multiple Choice

If the quantity sold of two-liter Coke bottles increases by 10% when price falls by 2%,what is the total change in revenue?


A) ​Revenue increases by 12%
B) Revenue increases by 8%
C) Revenue falls by 8%
D) ​Revenue falls by 12%

Correct Answer:

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