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6. Assume that a company can identify the price elasticity of demand for two different market segments for its product. The wealthier segment has a

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6. Assume that a company can identify the price elasticity of demand for two different market segments for its product. The wealthier segment has a price elasticity of demand equal to -1.5, whereas the less affluent area has a price elasticity of demand equal to -3. Assuming a constant marginal cost of production of $4: a. . What price should the firm set for its product? b. What should the amount of the coupon be

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