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Business, 22.11.2019 02:31 jfrey7621

Amonopoly sets a price of $50 per unit for an item that has a marginal cost of $10. assuming profit maximization by the monopoly and utility maximization by the agents, the price elasticity of demand measured at the quantity consumed by the agents is equal to:

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Amonopoly sets a price of $50 per unit for an item that has a marginal cost of $10. assuming profit...

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