(c) Now suppose that the firm takes into account the relationship between the two goods and sets...
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(c) Now suppose that the firm takes into account the relationship between the two goods and sets the prices accordingly. Determine p1 and p2. Are the prices higher or lower than the prices using the inverse elasticity rule? Explain the reason for your answer.
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Artificial Intelligence For Games
ISBN: 9780080885032
2nd Edition
Authors: Ian Millington, John Funge, Millington
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