Silverscreen Movie Rentals has market power in the previously viewed video sales market.The demand curve for Silverscreen movies is 
Silverscreen's marginal revenue function is MR(Q)= 25 - 4Q.Silverscreen's marginal cost curve is MC(Q)= 0.53 + 0.026Q.Determine Silverscreen's profit maximizing price.Calculate Silverscreen's elasticity of demand at this price.What is Silverscreen's mark-up over marginal cost as a percentage of price?
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