sandraslilangel9330 sandraslilangel9330

08-01-2024
Business

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Suppose the demand for Colin's kidney pies is linear in the price. Further, assume that he can sell 100 pies when the price is $5.00 and 65 pies when the price is $10.00.
a) Find the Demand Function
b) Determine the Price Elasticity
c) Calculate Total Revenue at $5.00
d) Evaluate Profit Margin

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