Firm a has price elasticity of demand of -15 and a marginal


Firm A has price elasticity of demand of -1.5 and a marginal cost of $30. Firm B has a price elasticity of demand of -2.0 and a marginal cost of $30.

What is the profit-maximizing price of each firm?

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Operation Management: Firm a has price elasticity of demand of -15 and a marginal
Reference No:- TGS01299023

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