### Total revenue and after the price change total revenue

##### Reference no: EM13868710

The local apple stand sells apples for 50 cents each. They raise their price to 75 cents. The store was selling 100 apples a day but now they sell 50 apples a day. Calculate total revenue before and after the price change. List both answers i.e. before the price change total revenue and after the price change total revenue.

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Use the following information to answer the question: There are three firms in an economy: X, Y, and Z. Firm X buys \$400 worth of goods from Firm Y, and \$200 worth of goods fr

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