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Business, 26.12.2019 00:31 loveoneonly9153

Based on the best available econometric estimates, the market elasticity of demand for your firm�s product is -2. the marginal cost of producing the product is constant at $150, while average total cost at current production levels is $225. determine your optimal per unit price if: instruction: round your answers to two decimal places.

a. you are a monopolist. $
b. you compete against one other firm in a cournot oligopoly. $
c. you compete against 19 other firms in a cournot oligopoly. $

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