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Author Question: Cost-plus pricing would be consistent with selecting the profit-maximizing price when A) the ... (Read 296 times)

NguyenJ

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Cost-plus pricing would be consistent with selecting the profit-maximizing price when
 
  A) the demand for the firm's product is unit elastic.
  B) consumers value the product beyond its marginal cost.
  C) a firm has no difficulty estimating its demand curve.
  D) it results in a price that causes quantity sold to be where marginal revenue equals marginal cost.

Question 2

Explain why it is more difficult to determine the incidence of the corporate income tax than it is to determine the incidence of the tax on gasoline.
 
  What will be an ideal response?


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nyrave

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NguyenJ

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Reply 2 on: Jun 29, 2018
Excellent


nanny

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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