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QUESTION
"Suppose you elasticity of demand for your parking lot spaces is -o.5, and price is $20 per day. If your MC is zero, and your capacity at 9 A.M. is
"Suppose you elasticity of demand for your parking lot spaces is -o.5, and price is $20 per day. If your MC is zero, and your capacity at 9 A.M. is 96% full over the last month, are you optimizing?"
Suppose your elasticity of demand for your parking lot spaces is 0.5, and price is $20 per day. If your MC is zero, and your capacity at 9 A.M. is 96%full over the last month, are you optimizing?...