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Business, 23.12.2019 23:31 lydiapoetz5330

Mno limited publishes a magazine targeted at urban professionals who live on the east and west coasts of the u. s., and all of the magazines are printed at a marginal cost of $0.50 per copy at a publishing plant in kansas. if the east coast elasticity of demand for the magazine is −1.25 and the west coast elasticity of demand is −1.50, what prices should mno limited charge for the magazines in these two markets in order to maximize profits? a. price should be $2.50 on the west coast and $1.50 on the east coast. b.price should be $0.40 on the west coast and $0.33 on the east coast. c.price should be $1.50 on the west coast and $2.50 on the east coast. d.price should be $0.50 in both markets.

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