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Gucci shoes costs $1,099 dollars, but the marginal cost for each shoe is estimated to be only $549.5 What is Guccis mark-up? Assuming is a

Gucci shoes costs $1,099 dollars, but the marginal cost for each shoe is estimated to be only $549.5 What is Guccis mark-up? Assuming is a monopoly for a shoe and is pricing optimally, what it is demand elasticity at the current price?

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