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Question 33 3 pts A producer of athletic shoes produces all of its basketball shoes at a constant marginal cost. It sells a brand-name 1urersion
Question 33 3 pts A producer of athletic shoes produces all of its basketball shoes at a constant marginal cost. It sells a brand-name 1urersion of the shoe with a basketball star endorsement to one market [A], with price elasticity of demand equal to -2: and an identical "discount" brand version to another separate market (Bl, with price elasticity of demand equal to -5. The ratio of the price in market A to the price in market B should be to pass is; 1.6 to 1 C} 2.5
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