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Author Question: Recall the Application about choosing a price for trampolines based on a linear demand curve to ... (Read 58 times)

geoffrey

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on: Jul 20, 2019
Recall the Application about choosing a price for trampolines based on a linear demand curve to answer the following question(s).


Recall the Application. Suppose a firm that produces trampolines has a linear demand curve for its product, with a vertical intercept of $1,500. If the firm does NOT want the demand for its product to be price-inelastic, the minimum price it should charge is:
◦ $500.
◦ $750.
◦ $1,000.
◦ $1,500.
Microeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 8th Edition
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Marked as best answer by geoffrey on Jul 20, 2019

macybarnes

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Reply #1 on: Jul 20, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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geoffrey

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Reply 2 on: Jul 20, 2019
Excellent

ashely1112

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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