=+to $100, how large is the price effect? How large is the quantity effect? d. Add the

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=+to $100, how large is the price effect? How large is the quantity effect?

d. Add the marginal cost curve to your diagram from part a and determine which quantity maximizes De Beers’s profit and which price De Beers will charge.

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Economics

ISBN: 9781319066604

5th Edition

Authors: Robin Krugman, Paul Wells

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