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An end of aisle price promotion changes the price elasticity kf a gold from -2 to -3. Suppose the normal price is $34 which equates marginal revenue...

An end of aisle price promotion changes the price elasticity kf a gold from -2 to -3. Suppose the normal price is $34 which equates marginal revenue with marginal cost at the initial elasticity of -2. What should the promotional price be when the elasticity changes to -3....hint, in other words what price will equate marginal revenue and marginal cost? $30.60 $35.70 $25.50 $33.15

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