Business, 25.03.2021 21:20, MoparorNocar061401

Anna owns the Sweet Alps Chocolate store. She charges $10 per pound for her hand made chocolate. You, the economist, have calculated the elasticity of demand for chocolate in her town to be 2.5. If she wants to increase her total revenue, what advice will you give her and why? Use diagrams and economic terms to explain your answer.

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Anna owns the Sweet Alps Chocolate store. She charges $10 per pound for her hand made chocolate. You...