9. [4 pts] Suppose that the elasticity of demand for BMW cars equals -2 in Germany and equals -3 in the U.K.. The margin

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9. [4 pts] Suppose that the elasticity of demand for BMW cars equals -2 in Germany and equals -3 in the U.K.. The margin

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9 4 Pts Suppose That The Elasticity Of Demand For Bmw Cars Equals 2 In Germany And Equals 3 In The U K The Margin 1
9 4 Pts Suppose That The Elasticity Of Demand For Bmw Cars Equals 2 In Germany And Equals 3 In The U K The Margin 1 (22.97 KiB) Viewed 38 times
9. [4 pts] Suppose that the elasticity of demand for BMW cars equals -2 in Germany and equals -3 in the U.K.. The marginal cost of producing BMW cars is $20,000. What price would BMW set in Germany vs. the U.K?
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