question archive If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is -3, the profit-maximizing price is
If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is -3, the profit-maximizing price is
Subject:BusinessPrice: Bought3
If the marginal cost of making a photocopy is 2 cents and the elasticity of demand is -3, the profit-maximizing price is.
a. 3.33 cents. b. 5 cents. c. 3 cents. d. 4 cents. e. 6 cents
