Posted by **Ronald** on Tuesday, March 20, 2012 at 10:50pm.

The price elasticity of demand for senior citizens purchasing coffee from McDonald's is -5 while non senior citizens have a price elasticity of demand equal to -1.25. If is cost McDonald's $0.02 to produce a coffee, the optimal price for a cup of coffee for non senior citizens and resultant marginal cost under third-degree price discrimination are

A. $0.004 and $0.02.

B. $0.02 and $0.80.

C. $0.10 and $0.02.

D. $10 and $0.20.

- Economics -
**3oi**, Wednesday, October 8, 2014 at 6:49pm
laksjdasd

## Answer This Question

## Related Questions

- Economics - If Starbucks raises its price by 7 percent and McDonald’s ...
- Economics - 1.calculate the price elasticity of demand when the price was ...
- economics - suppose the demand curve for a product is given by Q=10-2P+Ps1,where...
- Microecon - If you are given this function: P=1000-40Q where P=price and Q=sales...
- Economics - How is elasticity of supply related to elasticity of demand? Is this...
- Economics - Cournot Model - There is one firm with a marginal cost of 0. It's ...
- managerial economics - Explain the relationship between product X, product Y and...
- Advanced Microeconomics College Level - Information on the price elasticity of ...
- Ecconomics - Price elasticity of demand.Tell whether is elastic,perfectly ...
- Economics - The Own price elasticity of demand for good X is -2, its income ...

More Related Questions