Business, 02.08.2019 03:00 hijdjdjdbdjidjdbdbd

Alocal pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. suppose the owner of the pizzeria tells you that the price elasticity of demand for his pizza is -2, and he asks you for advice. he wants to know two things. first, how many pizzas will he sell if he cuts his price by 10%? second, how will his revenue be affected? if he cuts his price by 10%, his sales will increase to pizzas, and his total revenue will increase to $ .

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Alocal pizzeria sells 500 large pepperoni pizzas per week at a price of $20 each. suppose the owner...

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