When would recommend raising the price of the good

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Reference no: EM132995474

Based only on the concept of demand elasticity:

Question 1: When would you recommend raising the price of the good? Explain why.

Question 2: When would you recommend lowering the price of the good? Explain why.

Question 3: When would you recommend keeping the price of the good unchanged? Explain why.

Reference no: EM132995474

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