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  3. a t shirt seller currently sells one type for 20 p

A t shirt seller currently sells one type for 20 per shirt The price p...

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A t shirt seller currently sells one type for 20 per shirt The price p and the demand for shirts are related by D p 1000 24p If the current price is increased will revenue increase or decrease Select the correct answer below O Revenue will increase because demand is inelastic O Revenue will decrease because demand is inelastic O Revenue will increase because demand is elastic O Revenue will decrease because demand is elastic

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