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Your company sells printers and ink cartridges. On average, a purchaser of your printer will buy 4 ink cartridges. You charge $200 for a printer
Your company sells printers and ink cartridges. On average, a purchaser of your printer will buy 4 ink cartridges. You charge $200 for a printer and sell 5000 printers per year. It costs $130 to produce a printer. The price elasticity of demand for printers is 2. You earn a $15 profit on each ink cartridge
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Macroeconomics
Authors: David Colander
8th edition
978-0078004407, 78004403, 978-0077247171, 77247175, 978-0077307110
