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Math Help - Help with a microeconmics problem.

  1. #1
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    Jan 2010
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    Help with a microeconmics problem.

    The current price of yoyos is $1.20. If Ed=.30, how much will the price have to decrease in order to increase sales by 10%? Can someone tell me how I would go about solving this? Thanks.
    Last edited by princesasabella; January 25th 2010 at 08:04 PM.
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