Business, 28.08.2019 04:10 kinderc9330

In 2015, apple introduced the apple watch. assume that the cost of producing the 38mm apple watch sport was $88. the price was $331. what was apple's price/marginal cost ratio? what was its lerner index? if apple is a short-run profit-maximizing monopoly, what elasticity of demand did apple believe it faced?

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In 2015, apple introduced the apple watch. assume that the cost of producing the 38mm apple watch sp...