Register
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.
131k views
2 votes
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.

User Ben Cox
by
4.9k points

1 Answer

4 votes

Explanation:

hggggggggggggggggggggg

User Dirtydexter
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

5.2m questions

6.8m answers

Other Questions

Pizza planet is running a special 3 pizzas for 16.50. What is the unit rate for one pizza
What number is halfway between 0 and 18
If the 9-inch wheel of cheese costs $18.60, what is the cost per square inch? If the cost is less than a dollar, put a zero to the left of the decimal point?
how long Will it take for $7000 investment to grow to $7553 and the annual rate of 3.4% compounded quarterly assume that no withdrawals are made
I need to simplify this expression.
Link Copied!