Why is the current best price to charge for the unsold trees the one at which the

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Why is the current best price to charge for the unsold trees the one at which the price elasticity of demand equals –1? (Assume no disposal costs.)

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Essential Economics For Business

ISBN: 9781292728940

7th Edition

Authors: John Sloman, Elizabeth Jones

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Question Posted: Mar 24, 2024 08:00 AM

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Why is the current best price to charge for the unsold trees the one at which the

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Because with a zero cost the s...View the full answer

Essential Economics For Business

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