× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
New Topic  
Mairoon Mairoon
wrote...
Posts: 850
Rep: 0 0
6 years ago
If the marginal cost of production is $10, the elasticity of demand for group 1 is -1.5, the elasticity of demand for group 2 is -2.5, and the price paid by group 1 is $15, the price for group 2 is
A) $8.33.
B) $27.
C) $15.
D) Impossible to tell.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 41 times
1 Reply

Related Topics

Replies
wrote...
6 years ago
A
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1427 People Browsing
Related Images
  
 836
  
 317
  
 1214
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 292

Previous poll results: What's your favorite math subject?