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Suppose Swiss Chalet in Moncton Knows That the Demand for Their

Question 108

Multiple Choice

Suppose Swiss Chalet in Moncton knows that the demand for their half-chicken meals is elastic.If the manager wants to increase total revenue from half-chicken meal sales,he should


A) lower the price of a half-chicken meal.
B) not change the price of a half-chicken meal.
C) raise the price of a half-chicken meal.
D) decrease the supply of half-chicken meals.
E) hire fewer employees.

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