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If the price elasticity of demand for tuna is 0.7, then a 1.5 % increase in...

If the price elasticity of demand for tuna is 0.7, then a 1.5 % increase in the price of tuna will drease quantity demanded of tuna by?

A. 1.05% and tuna sellers total revenue will increase as a result

b. 1.05% and tuna sellers revenue will decrease as a result

c. 2.14% - tuna sellers total revenue increases

d. 2.14%- tuna sellers total revenue decreases

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