You sell two different goods: printers and toner cartridges. The price elasticity of demand fo the printers is -3,4, and you earn a revenue of RMI5,000 per month from the good. You carn a revenue of RMS,000 per month from the Roner-Cariridges.. The cross price elasticity of demand for both of the goods is 25 f you decide to decreasc the price of the printers by 5%, ealeulate yonST new total revenues for both of the goods. (e)
You sell two different goods: printers and toner cartridges. The price elasticity of demand fo the printers is -3,4, and you earn a revenue of RMI5,000 per month from the good. You carn a revenue of RMS,000 per month from the Roner-Cariridges.. The cross price elasticity of demand for both of the goods is 25 f you decide to decreasc the price of the printers by 5%, ealeulate yonST new total revenues for both of the goods. (e)
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Your Question:
![You sell two different goods: printers and toner cartridges. The price elasticity
of demand fo the printers is -3,4, and you earn a revenue of RMI5,000 per
month from the good. You carn a revenue of RMS,000 per month from the
Roner-Cariridges.. The cross price elasticity of demand for both of the goods is
25 f you decide to decreasc the price of the printers by 5%, ealeulate yonST
new total revenues for both of the goods.
(e)](https://content.bartleby.com/qna-images/question/500141a6-3fc0-4e37-bbe6-7f89a1263dfc/2079f255-bd2e-415c-a699-36b99c3e0d8b/jza45v_thumbnail.jpeg)
Transcribed Image Text:You sell two different goods: printers and toner cartridges. The price elasticity
of demand fo the printers is -3,4, and you earn a revenue of RMI5,000 per
month from the good. You carn a revenue of RMS,000 per month from the
Roner-Cariridges.. The cross price elasticity of demand for both of the goods is
25 f you decide to decreasc the price of the printers by 5%, ealeulate yonST
new total revenues for both of the goods.
(e)
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