price elasticity of supply between points A and B

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A: Inverse Demand function : p = 600 - 25QMarginal cost = $200Fixed Cost = 736 million

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Q: Question 1 Price 8A Figure 2.4.1 Refer to Figure 2.4.1. Between points B and C, demand is: elastic,…

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A: a) Demand Equation : Qx = 1200 − 3Px− 0.1Pz  where Pz= $300So,Qx  = 1200-3Px -0.1(300)Qx  = 1200-3Px…

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