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Talbots maximizes its profit by selling 15 coats a day at $500 per coat. Talbots...
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Talbots maximizes its profit by selling 15 coats a day at $500 per coat. Talbots decides to spend $1,500 a day to advertise its coats. If it then maximizes profit by selling 25 coats a day at $400 per coat, how does its markup change when its marginal cost is constant?
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