In 2000 the market demand for personal computers was 129 million units an dthe  average manufacturer's price was $1922.  The average gross was 20%. by 2003,  prices dropped to an average of $1708 and demand grew to $161 million. Average  gross margins slipped to 17% of sales.

i) calculate the annual % rate of the change in sales revenues and the total  contribution over this three years period. explain your reasoning
!!) evaluate the employment & calculation for the elasticity.


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