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Based on the best available econometric estimates, the market elasticity of demand for your firm's product is 2.0. The marginal cost of producing the product

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Based on the best available econometric estimates, the market elasticity of demand for your firm's product is 2.0. The marginal cost of producing the product is constant at $275, while average total cost at current production levels is $360. Determine your optimal per unit price if: Instructions: Enter your responses rounded to two decimal places. a. you are a monopolist. $ b. you compete against one other firm in a Cournot oligopoly. $ c. you compete against 19 other firms in a Cournot oligopoly, $

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