Unformatted text preview: that price to $60, what happens to total revenue from shoe sales (calculate PxQ before and after the price change)? Repeat the exercise for initial prices being decreased to $40 and $20, respectively. c. Explain why the answers to a. can be used to predict the answers to b....
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- Spring '09
- Supply And Demand, Price point, Shoe, Footwear, sporting goods store