Calculating the actual price of the security in the Wall ...

If it lowers the price to 6c, the revenue will rise to $510 000 (6c ( 8.5m). But putting on extra buses will also increase costs. It will only, therefore, be worth lowering the price if the increase in revenue is greater than the increase in costs. (See Chapter 5, section 5.6 of the text.) 65 ( Given the following supply schedule: ................
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