martinezjulie884 martinezjulie884
  • 07-07-2022
  • Mathematics
contestada

Firm X is a monopolist with marginal cost of $37/unit. If elasticity of demand is -9, use the markup formula to determine the price Firm X should charge to maximize profit.

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johnmoranrosero2007
johnmoranrosero2007 johnmoranrosero2007
  • 07-07-2022

Step-by-step explanation:

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