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Chruch Corporation manufactures numerous products, one of which is called Tau-42. The company has provided the following data about this product: Assume that the total traceable fixed expense does not change. If Chruch decreases the price of Tau-42 to $60.16, what percentage change in unit sales would provide the same net operating income as is currently being earned at a price of $64.00? (Your answer should be rounded to the nearest 0.1%.)
Special-Interest Effect
The phenomenon where a small group gains substantially through an action or policy while the larger population bears the cost, often seen in political lobbying.
Bureaucratic Inefficiency
The delay and ineffectiveness often experienced within organizations, especially large ones, due to complex procedures and red tape.
Positive Externalities
Benefits that are enjoyed by a third-party or the society at large as a result of an economic activity.
Logrolling
The practice of exchanging favors, especially in politics by reciprocal voting for each other's proposed legislation.
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