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Business, 06.08.2019 19:30 birdman9416

The price elasticity of demand for senior citizens purchasing coffee from mcdonald's is −5, while non-senior citizens have a price elasticity of demand equal to −1.25. if it costs mcdonald's $0.02 to produce a coffee, the optimal price for a cup of coffee for senior citizens and the resultant marginal cost under third-degree price discrimination are, respectively:

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The price elasticity of demand for senior citizens purchasing coffee from mcdonald's is −5, while no...

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