If the demand curve for the DoorKnobs operating system is related to perceived market share s and actual market share t by the equation p = 98s(1 - x) , then in the long run, the highest price at which DoorKnobs would maintain a market share of 6/7 would be
A) $18.
B) $15.60.
C) $10.80.
D) $12.
E) $14.40.
Correct Answer:
Verified
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