3. Suppose a stream is discovered whose water has remarkable healing powers. You decide to bottle the liquid and sell it. The market demand curve is linear and is given as follows: P = 30 - Q
The marginal cost to produce this new drink is $3.
a. What price would this new drink sell for if it sold in a competitive market?
b. What price would this new drink sell for if it sold in a monopoly market?
Today is a gift, thats why it is called the present.
发表于 2012-5-21 20:02:57
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