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Business, 28.06.2019 17:10 billyeyelash

Based on the best available econometric estimates, the market elasticity of demand for your firm’s product is -2.5. the marginal cost of producing the product is constant at $100, while average total cost at current production levels is $175. determine your optimal per unit price if: enter your responses rounded to two decimal places. a. you are a monopolist. $. you compete against one other firm in a cournot oligopoly. $. you compete against 19 other firms in a cournot oligopoly. $

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