Assume a perfectly competitive firm’s short run is TC=100+160Q+3Q2. If the market price is $186.00
Question: When mark-up equals 50%, then demand elasticity will be?
a. _____ -1b. _____ -1.5
c. _____ -2
d. _____ -3
Price: $2.99
Solution: The solution consists of 1 page
Deliverables: Word Document
Deliverables: Word Document
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