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If the point price elasticity of demand equals -2 and the marginal cost per unit is $10, the optimal price is: a. b. C.
If the point price elasticity of demand equals -2 and the marginal cost per unit is $10, the optimal price is: a. b. C. d. $5 $10 $20 impossible to determine without further information.
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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
