You manage two locations for your firm selling products to consumers

Marketing Jan 09, 2021

You manage two locations for your firm selling products to consumers. In city A, you have lots of competition, so the consumer's price elasticity is -7.5. In city B, you face less competition and your consumer's price elasticity is -3.5. The total cost of your location is the same and is given by 67Q + 30. What is the optional price in city B?

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