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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firm a has price elasticity of demand of -15 and a marginal cost of 30 firm b has a price elasticity of demand of -20
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