the fully allocated cost of a product is 10 if


the fully allocated cost of a product is $10. If the price elasticity of demand for the product is -2, then the firms optimal markup is

a. 10%

b. 100%

c. 200%

d. 300%

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: the fully allocated cost of a product is 10 if
Reference No:- TGS0498693

Expected delivery within 24 Hours