Business, 27.02.2020 03:57, kel3194

When the price of chocolate-covered peanuts increases from $1.55 to $2.00, the quantity demanded decreases from 220 to 160. In this price range, the demand for chocolate-covered peanuts is , and total revenue will when the price increases. inelastic; increase inelastic; decrease elastic; increase elastic; decrease

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When the price of chocolate-covered peanuts increases from $1.55 to $2.00, the quantity demanded dec...