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ased on the best available econometric forecasts, market elasticity demand for your company's products is -2.5. Marginal cost to produce product is constant at $ 140. Determine the optimal price per

ased on the best available econometric forecasts, market elasticity
demand for your company's products is -2.5. Marginal cost to produce
product is constant at $ 140. Determine the optimal price per unit, if:
a. You are a monopolist.
b. You compete with one another in the Cournot oligopoly.
c. You are competing with 9 other companies in the Cournot oligopoly

Apr 12 2021 View more View Less

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