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MrsAngelD MrsAngelD
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6 years ago
For a profit maximizing monopolist, if the MC = 10 and price is set to be 20, then the elasticity at this price is
A) -2.
B) -1.
C) -0.5.
D) 0.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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RumkoRumko
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6 years ago
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MrsAngelD Author
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6 years ago
This helped my grade so much Perfect
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Helped a lot
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Brilliant ツ
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