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Consider a business that rents video games. They estimate their average customer's demand per month is Q = 6.5 - 2P and the marginal cost
Consider a business that rents video games. They estimate their average customer's demand per month is Q = 6.5 - 2P and the marginal cost of each rental is only $0.25. If the firm uses a two part pricing strategy, they should charge a monthly membership fee of [ Select ] and a per-game rental price of [ Select ]
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