A FIRM INCREASED THE PRICE OF ITS PRODUCT BY 5.0 PER CENT AND OBSERVED THAT ITS REVENUE INCREASED BY 3.0 PER CENT. ENTHUSED BY THIS FACT, IT AGAIN RAISED PRICE BY ANOTHER 5.0 PER CENT. THIS TIME REVENUE FELL BY 8.0 PER CENT.

/in /by

A FIRM INCREASED THE PRICE OF ITS PRODUCT BY 5.0
PER CENT AND OBSERVED THAT ITS REVENUE INCREASED BY 3.0 PER CENT.
ENTHUSED BY THIS FACT, IT AGAIN RAISED PRICE BY ANOTHER 5.0 PER CENT.
THIS TIME REVENUE FELL BY 8.0 PER CENT.

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