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Business, 18.12.2019 03:31 j0162

Suppose your firm develops a new pharmaceutical product that may be used to reduce blood cholesterol levels, so the firm is the monopoly seller of this drug. if the elasticity of demand for this new product is -4, what markup should your firm use to set the profit-maximizing price for the product?

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Suppose your firm develops a new pharmaceutical product that may be used to reduce blood cholesterol...

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