Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter4: Extent (how Much) Decisions
Section: Chapter Questions
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The pharmacy has switched wholesalers for its over the counter medication and it wants to get rid of its old inventory. Normally the pharmacy selles its generic ibuprofen for 7 pesos but is offering a flat-rate discount of 2.50 pesos. What is the selling price?

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