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You are the owner of a nail salon. Your female custom- er’s price elasticity of demand for manicures is – 2.5; your male customer’s price elasticity of demand for manicures is – 1.2. The marginal cost of manicuring a customer’s nails is $12. Explain intuitively why you whould charge each group a different price?

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Step-by-step explanation:

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You are the owner of a nail salon. Your female custom- er’s price elasticity of demand-example-1
User Calin Don
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