What price will maximize the profits of a price searcher, Microeconomics

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What price will maximize the profits of a price searcher

Problem

Price searchers can set the prices of their products. Does this mean that they will charge the highest possible price for their products? What price will maximize the profits of a price searcher? How will the firm"s marginal cost compare with its price at the profit-maximum output?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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