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Unformatted text preview: elasticity of demand? (4)350 = 2.33 600 If the point price elasticity of demand equals 5 and the marginal cost per unit is $25, what is the optimal price? P = $25 __ = $31.25 1 + 1/5...
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This note was uploaded on 09/08/2011 for the course MGMT 407 taught by Professor Staff during the Spring '11 term at S.F. State.
 Spring '11
 Staff

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