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Raise the price of its pool cleaner

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Suppose you learn that Howard Industries is expected to raise the price of its pool cleaner (PH) by 3 percent next period. Holding other factors constant, calculate the predicted percentage increase or decrease in quantity demanded of Stingrays as a result of the expected 3 percent rise in the price of pool cleaner (PH) sold by Howard Industries.

Reference no: EM131079653

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