Business, 05.07.2019 18:50, zhiyar9879

The shrimp harvest was unusually good this year. the demand curve did not shift from last year, but because of the abundant harvest, the price fell from $100 per sack to $85 per sack. the price elasticity of demand for shrimp is -1.40. what happened to the total revenue of the fishermen? choose the closest answer. (hint: the percentage c

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The shrimp harvest was unusually good this year. the demand curve did not shift from last year, but...