If the marginal cost of production is $10, the elasticity of demand fo
If the marginal cost of production is $10, the elasticity of demand for group 1 is -1.5, the elasticity of demand for group 2 is -2.5, and the price paid by group 1 is $15, the price for group 2 is
A) $8.33.
B) $27.
C) $15.
D) Impossible to tell.
ANSWER
A
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