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Type of Orange Florida Indian Florida Interior CaliforniaRiver
Florida Indian River -3.07 +1.56 +0.01Florida Interior +1.16 -3.01 +0.14California +0.18 +0.09 -2.76
Determine by how much the demand for Florida Indian River oranges would change as a result of a 10 percent increase in the price of Florida interior oranges, and vice versa.
Computation of fixed operating cost for achieving target profits - How large can Rogers' fixed operating costs be if he is to meet his profit target?
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