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if there are no fixed costs and marginal cost is constant at $8, the price elasticity of demand at the profit-maximizing level of output is closest to
Weight
The force exerted on an object due to gravity, typically measured in newtons or pounds.
Physical Change
A transformation where the matter's form is modified without converting one substance into a different one.
Centimeters
In the metric system, a length measurement that is one hundredth of a meter.
Millimeters
A metric unit of length equal to one thousandth of a meter, often used in measuring small objects.
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