Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Economics Posted 27 Jun 2018 My Price 3.00

demand for blades

Pretending the cost associated to producing a razorblade is $.20. If my company charges $.35 for one razorblade, customers on average buy 50 razorblades. Assuming the price elasticity of demand for blades is three. What price should the company charge for a razor and for a blade?

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Maurice Tutor
(5)
Status NEW Posted 27 Jun 2018 08:06 PM My Price 3.00

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