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29-09-2022
Mathematics

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1. In 1992, people purchased 20 million videos of Beauty and the Beast at a price of $25. Calculate the total revenue. a. b. Now suppose the price increased to $30. Can you make a statement about how many more videos will be sold? The same, more, or less than before? Assume that the quantity demanded is now 12 million. What is total revenue?

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