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Microeconomic Theory 11th Edition by Walter Nicholson,Christopher Snyder
Edition 11ISBN: 978-1111525538Microeconomic Theory 11th Edition by Walter Nicholson,Christopher Snyder
Edition 11ISBN: 978-1111525538 Exercise 2
Solve for the optimal linear price per ounce of coffee that the coffee shop would charge in Example 18.4. How does theshop's profit compare to when it uses nonlinear prices? Hint: Your first step should be to compute each type's demand at alinear price p.
Explanation
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If instead of two tariffs, the coffee sh...
Microeconomic Theory 11th Edition by Walter Nicholson,Christopher Snyder
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