Question: 8 points eBook References Based on the best available econometric estimates, the market elasticity of demand for your firm's product is =3. The o marginal

8 points eBook References Based on the best available econometric estimates, the market elasticity of demand for your firm's product is =3. The o marginal cost of producing the product is constant at $100, while average total cost at current production levels is $175. Determine your optimal per unit price if: Instructions: Enter your responses rounded to two decimal places. a.youare a monopolist. $ 80 b. you compete against one other firm in a Cournot oligopaoly. % 120 c. you compete against 19 other firms in a Cournot oligopoly. $ 185

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