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for a specific tutor

Date Posted: 18/06/2020
Category: Economics
Due Date: 28/06/2020
Instruction
Anna owns the Sweet Alps Chocolate store. She charges $10 per pound for her hand made chocolate. You, the economist, have calculated the elasticity of demand for chocolate in her town to be 2.5. If she wants to increase her total revenue, what advice will you give her and why?  Use diagrams and graphs and economic terms to explain your answer.
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