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Business, 09.07.2019 02:10 seanisom7

The price elasticity of demand for senior citizens purchasing coffee from mcdonald's is −5, while non-senior citizens have a price elasticity of demand equal to −1.25. if it costs mcdonald's $0.02 to produce a coffee, the optimal price for a cup of coffee for senior citizens and the resultant marginal cost under third-degree price discrimination are, respectively:

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