Business
Business, 16.11.2019 03:31, cia196785920

Aiyanna`s pizzeria faces a linear downward sloping demand curve and is charging a very high price per pizza initially. they are doing very little business. aiyanna decides to lower pizza prices 5% per week for an indefinite period of time. we can expect each successive week that:
a. revenues will continue to rise
b. demand will become increasingly price inelastic
c. demand will become increasingly price elastic
d. price elasticity of demand will remain constant

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