Suppose a company knows that the own price elasticity of demand is -4. Find the optimal price if MC
Question: Suppose a company knows that the own price elasticity of demand is -4. Find the optimal price if MC = $25, $100, and then $200. If elasticity changes to -0.5 how do the price answers change?
Price: $2.99
See Answer: The answer consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
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Math Solutions
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Math Solutions
