What will be exact percentage change in revenues

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Reference no: EM131928633

Biciclette, S.A. sells only one model of bicycles. This Italian firm expects to increase its prices by 11% next year and, as a result, it also expects the number of bicycles sold to decrease by 23% next year, relative to this year. If these expectations materialize, what will be the exact percentage change in revenues for Ladri next year, relative to this year?

Reference no: EM131928633

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