Sparkling water co has determined that the price elasticity, Macroeconomics

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Sparkling water co has determined that the price elasticity

Sparkling Water Co. has determined that the price elasticity of demand for a case of its purified water by Michigan residents is -3.0, while the price elasticity of demand by Florida residents is -2.5. Assume that the marginal cost is constant at $8. What price should Sparking Water Co. charge Michigan and Florida customers?

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Macroeconomics: Sparkling water co has determined that the price elasticity

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Macroeconomics: Sparkling water co has determined that the price elasticity

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