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nguyenduong67 nguyenduong67
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6 years ago
Recall the Application. Suppose a firm that produces trampolines has a linear demand curve for its product, with a vertical intercept of $1,500. If the firm does NOT want the demand for its product to be price-inelastic, the minimum price it should charge is
A) $500.
B) $750.
C) $1,000.
D) $1,500.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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6 years ago
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nguyenduong67 Author
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6 years ago
Thank you, thank you, thank you!
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Yesterday
Correct Slight Smile TY
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2 hours ago
Good timing, thanks!
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