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Title: You currently sell the same product to both professional plumbers and homeowners, and are able to ... Post by: nguyenduong67 on Aug 29, 2017 You currently sell the same product to both professional plumbers and homeowners, and are able to prevent transfer from one group to the other. Your current prices, quantities sold, and the absolute values of the slopes of the demand curves are as follows
tableau1 ( ( Price Number sold Slope of demand curve )(Plumbers $20300.75)(Homeowners $20100.50) ) If your marginal cost is $10 and you are interested in maximizing your revenues, how would you adjust your prices? A) Decrease plumbers' price and increase homeowners' price. B) Decrease prices for both groups. C) Increase prices for both groups. D) Increase plumbers' price and decrease homeowners' price. Title: Re: You currently sell the same product to both professional plumbers and homeowners, and are able ... Post by: trumpetsoflife on Aug 29, 2017 Content hidden
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