Suppose that the elasticity of demand for BMW cars equals -2 in Germany and equals -3 in the U.K.. The marginal cost of
Posted: Thu May 19, 2022 8:04 am
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?
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?