Suppose the price elasticity of demand for oranges is 0.8. if a fall frost destroys one-third of the nation's orange crop, how will that affect total revenue from oranges, all other things unchanged?
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Home » Business » Suppose the price elasticity of demand for oranges is 0.8. if a fall frost destroys one-third of the nation's orange crop, how will that affect total revenue from oranges, all other things unchanged?