Question: Joe's Computer Shack sells a generic leather case that fits many of the tablets he carries. The cases cost him $1.00. He originaly priced them
Joe's Computer Shack sells a generic leather case that fits many of the tablets he carries. The cases cost him $1.00. He originaly priced them at $3.66 and sold 135 of the cases. When he dropped the price on them to $5.96, his sales rose to 183 . What is the optimal selling price for these cases assuming constant elasticity demand
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