The price elasticity of demand for Rosie's Roses fresh flowers the week of Valentine's Day is 1.40 and is 2.25 other days of the year. If Rosie's Roses faces a constant marginal cost of $2 per rose, what is the profit- maximizing off- peak load price to charge on days not on the week of Valentine's Day?
A)$5.80
B)$7.00
C)$2.50
D)$3.60

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The Answer of The price elasticity of demand for Rosie's Roses fresh flowers the week of Valentine's Day is 1.40 and is 2.25 other days of the year. If Rosie's Roses faces a constant marginal cost of $2 per rose, what is the profit- maximizing off- peak load price to charge on days not on the week of Valentine's Day?
A)$5.80
B)$7.00
C)$2.50
D)$3.60

The Price Elasticity of Demand for Rosie's Roses Fresh Flowers