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Assume that the marginal cost to a grocery store

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Subject: Economics
Due on: 07/23/2017
Posted On: 07/23/2017 04:21 AM

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Assume that the marginal cost to a grocery store of selling a bottle of salad dressing to customers who present coupons versus those who don’t is identical and equal to $1.50. If the elasticity of demand of coupon holders is 5 versus 1.25 for other customers, how much of a per-unit discount should the store give coupon holders? What if the coupon holders have an elasticity of 2—how would the answer change?

Tags store grocery cost marginal aume coupon holders elasticity customers versus store marginal cost demand perunit discount answer 2how grocery change identical dreing salad bottle present coupons selling dont aume equal

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Assume that the marginal cost to a grocery store

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