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Question 2 (0.2 points): Suppose that you are selling comic books door to door. You purchased all your comic hooks up front so your costs
Question 2 (0.2 points): Suppose that you are selling comic books door to door. You purchased all your comic hooks up front so your costs are currently all sunk. You are currently selling you comic books for $3.50 apiece and you sell 25 comic books per day. You know that the elasticity of demand for comic books at your coma-tit price is -.6. Is your price too high or too low? Explain
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