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Consider a monopoly facing a demand structure where the price elasticity of demand is -1.25. The optimal markup factor is Multiple Choice O 0.2 times

Consider a monopoly facing a demand structure where the price elasticity of demand is -1.25. The optimal markup factor is Multiple Choice O 0.2 times marginal revenue. O 0.2 times marginal cost O 5 times marginal revenue. O 5 times marginal cost

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