Corie bakes cheesecake for sale. She realises that the price of her flour has gone up. As a result, she increases the price of her cheesecake, but her customers bought less. B. The price of the cheesecake increased from $2500 to $3100 while the quantity demanded moved from 250 to 200; calculate the price elasticity of demand. Based on your answer, how will the price increase affect her total revenue

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