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    Managerial Economics Study Set 3
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    Exam 4: Demand Analysis
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    Optimal Price
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Optimal Price

Question 20

Question 20

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Optimal Price. Last week, Discount Food Stores, Inc. reduced the average price on the 22 ounce size of Dishwashing Liquid by 1%. In response, sales jumped by 8%.
Optimal Price. Last week, Discount Food Stores, Inc. reduced the average price on the 22 ounce size of Dishwashing Liquid by 1%. In response, sales jumped by 8%.

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