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    Business
  3. Study Set
    Managerial Economics
  4. Exam
    Exam 7: Pricing With Market Power
  5. Question
    If Tiger Toys Faces a Demand Curve of P =
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If Tiger Toys Faces a Demand Curve of P =

Question 5

Question 5

Multiple Choice

If Tiger Toys faces a demand curve of P = 85 - .25Q and a MC = ATC = 20, then the markup would be:


A) $52.50.
B) $20.00.
C) $32.50.
D) $65.00.

Correct Answer:

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