If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is

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If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is -3, the profit-maximizing price is.

a. 3.33 cents. b. 5 cents. c. 3 cents. d. 4 cents. e. 6 cents

Posted Date: Jun 14, 2024 01:40 AM

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If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is

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