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Business, 01.07.2019 22:20 lareynademividp0a99r

6. george has been selling 5,000 t-shirts per month for $8.50. when he increased the price to $9.50, he sold only 4,000 t-shirts. what is the demand elasticity? if his marginal cost is $4 per shirt, what is his desired markup and what is his initial actual markup? was raising the price profitable?

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6. george has been selling 5,000 t-shirts per month for $8.50. when he increased the price to $9.50,...

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