18.2 Solve for the optimal linear price per ounce of coffee that the coffee shop would charge...

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18.2 Solve for the optimal linear price per ounce of coffee that the coffee shop would charge in Example 18.4. How does the shop’s profit compare to when it uses nonlinear prices? Hint: Your first step should be to compute each type’s demand at a linear price p?

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Microeconomic Theory Basic Principles And Extension

ISBN: 9781111525538

11th Edition

Authors: Walter Nicholson, Christopher M. Snyder

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