Question: I need help Based on the best available econometric estimates, the market elasticity of demand for your firm's product is -1.5. The marginal cost of

I need help Based on the best available econometric estimates, the

I need help

Based on the best available econometric estimates, the market elasticity of demand for your firm's product is -1.5. The marginal cost of producing the product is constant at $150, while average total cost at current production levels is $215. Determine your optimal per unit price if: Instruction: Enter your responses rounded to two decimal places a. You are a monopolist. es b. You compete against one other firm in a Cournot oligopoly. c. You compete against 19 other firms in a Cournot oligopoly

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