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Quantity at which each event occurs: Revenue is maximized elasticity = -1 Marginal revenue = 0 Profit is maximized d. In the data file for

Quantity at which each event occurs: Revenue is maximized elasticity = -1 Marginal revenue = 0 Profit is maximized d. In the data file for case 4, click on the Demand 2 worksheet. Find the profit- maximizing P & Q and profit for Demand 2

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