a. If P = $3 and MC = $1, calculate the markup over MC as a percentage of price. b. If price elasticity of demand is -2.
Posted: Mon Apr 18, 2022 9:21 am
a. If P = $3 and MC = $1, calculate the markup over MC as a
percentage of price.
b. If price elasticity of demand is -2.5, calculate the markup
over MC as a percentage of price.
percentage of price.
b. If price elasticity of demand is -2.5, calculate the markup
over MC as a percentage of price.