Question
Two clinics in a market want to merge. The price elasticity of demand for clinic services is -0.20, if before a merge, firm A has
Two clinics in a market want to merge. The price elasticity of demand for clinic services is -0.20, if before a merge, firm A has marginal costs of $60 and a market share of 2 percent. This firm should be charging a price of:
- $60.00
- $56.67 i get $54.54
- $40.00
- $100.00
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Economics For Healthcare Managers
Authors: Robert Lee
4th Edition
1640550488, 978-1640550483
