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May I know how do we get to the answer of question 13 E mp 3X1+ - Google X14 X DeepL Translate: The world X

May I know how do we get to the answer of question 13

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E mp 3X1+ - Google X14 X DeepL Translate: The world X LATE Quiz 11 (Monopoly) / / X PowerPoint FR# x Surfshark : FengEF x Email - ch0426@connect.h x + C moodle.hku.hk/mod/quiz/review.php?attempt=3110614&cmid=2838756#question-3269061-12 Update : Quiz navigation Question 12 Correct Mark 0.67 out of 1.00 Flag question 1 2 3 4 5 6 V V V V V (2021 Summer Final) Your mom is the monopoly supplier of jokes in (humorless) Ho Hum. She faces a demand curve and a marginal cost curve given by 7 8 9 10 11 12 following equations v V V 13 14 15 16 V Demand: Q = 86 - 0.17P jokes per day Marginal Cost: MC = 69 dollars per joke Show one page at a time Finish review Assume that jokes are perfectly divisible. Your profit-maximizing mom would set a price of [Answer] dollars per joke. (In decimal numbers, with two decimal places, please.) Answer: 287.44 The correct answer is: 287.44 Correct Marks for this submission: 1.00/1.00. Accounting for previous tries, this gives 0.67/1.00. Question 13 Correct Mark 0.33 out of 1.00 Flag question Continue with the last question. The price elasticity of demand at the profit-maximizing quantity is [Answer]. (In decimal numbers, with two decimal places, please.) Answer: -1.31 KA ZX14.pdf Show all X

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