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Suppose Marginal Cost = $10. Given each of the following price elasticities compute the profit-maximizing price and the optimal markup. a. -5 b. -4 c.
Suppose Marginal Cost = $10. Given each of the following price elasticities compute the profit-maximizing price and the optimal markup.
a. -5
b. -4
c. -3
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Technical Change, Relative Prices, And Environmental Resource Evaluation
Authors: V Kerry Smith
1st Edition
1317358570, 9781317358572
