When the price of a good increased by 5 percent, the quantity demanded of it decreased 10 percent. the price elasticity of demand is a price rise will total revenue. an example of a good with such a demand is

The answer is b i think

Well, i would start out by advertising a lot. take money out of unused profit to have build boards put up and internet advertising. also, make sure your store signs are large and noticeable. make sure you have good deals and prices that the average consumer would be okay with. also, location is key. being in a high technology based city/location would be excellent for your business because it is based off of technology. hope this ! : )

Answerwhen shareholders of companies in an oligopolistic industry give over decision making to a board of trustees;