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Gliberace’s Fashion Accessories of Las Vegas produces gemstone-encrusted formal wear for sale in Los Angeles and San Francisco subject to total cost TC = 100 + 5(QLA + QSF)

Business May 19, 2021

Gliberace’s Fashion Accessories of Las Vegas produces gemstone-encrusted formal wear for sale in Los Angeles and San Francisco subject to total cost TC = 100 + 5(QLA + QSF). Demand for Gliberace’s stones in the two cities is given by QLA = 70 − 2PLA and QSF = 55 − PSF. If Gliberace price discriminates between the two cities, how many stones will it sell in Los Angeles?

30

36

38

43

48

Expert Solution

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