Given the following information for price right quantity, Physics

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Given the following information for price right quantity

Given the following information for Price Right: Quantity sold Price per unit (units) ($) 1,000 10 400 11 .

a) What is the profit maximizing price (MC = $5)

b) Should Price Right be concerned about its competitors?

c) Suppose MC is equal to the intercept of the demand curve, what is the implication?

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Physics: Given the following information for price right quantity

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Physics: Given the following information for price right quantity

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