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Assume that KONE spent 10 million DM in developing the Monospace technology, and that current marginal cost per unit of Monospace is DM 65,200. Plot
Assume that KONE spent 10 million DM in developing the Monospace technology, and that current marginal cost per unit of Monospace is DM 65,200. Plot the profits for KONE as a function of prices, and determine the optimal price. Compute the optimal price assuming the cost of developing the Monospace technology was a) 30 million DM and b) 80 million DM
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
