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Title: Homer's boat manufacturing has a monopoly on boat sales in the region. Homer's marginal cost of ... Post by: nakungth on Oct 25, 2017 Homer's boat manufacturing has a monopoly on boat sales in the region. Homer's marginal cost of the 8th boat produced is $1,200. He produces only eight boats and can sell all eight boats for $1,500. The elasticity of demand at this price is -2. Is Homer maximizing profits?
Title: Re: Homer's boat manufacturing has a monopoly on boat sales in the region. Homer's marginal cost ... Post by: Canih on Oct 25, 2017 Content hidden
Title: Re: Homer's boat manufacturing has a monopoly on boat sales in the region. Homer's marginal cost of ... Post by: nakungth on Aug 15, 2018 Thank you!
Title: Re: Homer's boat manufacturing has a monopoly on boat sales in the region. Homer's marginal cost ... Post by: Rajiv Nair on Sep 3, 2021 Thank you
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