question archive In 2009, the price of Amazon's Kindle 2 was $359, while iSuppli estimated that its marginal cost was $159
In 2009, the price of Amazon's Kindle 2 was $359, while iSuppli estimated that its marginal cost was $159
Subject:EconomicsPrice:2.88 Bought3
In 2009, the price of Amazon's Kindle 2 was $359, while iSuppli estimated that its marginal cost was $159. What was Amazon's Lerner Index?
What elasticity of demand did it face if it was engaging in short-run maximization?
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Computation of Amazon's lerner index
Computation of elasticity of demand if face if it was engaging in short-run maximization
