The price elasticity of demand for a monopolistic firm's product is constant. When the firm's price is PL = 12, the daily demand for their product is q1 = 200, and when the firm's price is p2 = 13, the daily demand is q2 = 175. As a function of the price they set, the firm's daily revenue is. ..

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A: Since You have posted multiple questions, I answered the first one. Please Repost for other.

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A: Let's find.

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Q: When the admission price for a baseball game was $18 per ticket, 36,000 tickets were sold. When the…

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Q: During the 1950s the wholesale price for chicken for a country fell from 25¢ per pound to 14¢ per…

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Q: The consumer demand curve for Professor Stefan Schwarzenegger's dumbbells is given by  q = (98 −…

A: Given : The consumer demand curve for Professor Stefan Schwarzenegger's dumbbells is given by  q =…

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Q: The function of demand and supply of goods P = 14 - 2Q and P = 5 + 2Q. When against goods are taxed…

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Q: How large a rebate should the company offer the buyer in order to maximize its revenue

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