Question 2 (1 point) Your firm competes with 2 others in Cournot competition. Elasticity for each...

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Question 2 (1 point) Your firm competes with 2 others in Cournot competition. Elasticity for each firm is -2 and marginal cost is $10.00. What price do you charge? type in $ format, like $10.00 E Question 3 (1 point) Senior citizens have a price elasticity of -3.0 for restaurant meals while middle-aged people have an elasticity of -2.0. If a restaurant charges middle-aged people $20 for a meal, what should they charge. senior citizens? type in $ format, like $10.00 Question 2 (1 point) Your firm competes with 2 others in Cournot competition. Elasticity for each firm is -2 and marginal cost is $10.00. What price do you charge? type in $ format, like $10.00 E Question 3 (1 point) Senior citizens have a price elasticity of -3.0 for restaurant meals while middle-aged people have an elasticity of -2.0. If a restaurant charges middle-aged people $20 for a meal, what should they charge. senior citizens? type in $ format, like $10.00

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