You are the owner of a carwash and your goal is to maximize You are the owner of a carwash and your goal is to maximize profits. Based on your experience, the elasticity of demand by Texans for a car wash is -3, while the elasticity of demand by non-Texans for a car wash is -4. If you charge Texans $9 for a car wash, how much should you charge a man with New Mexico license plates for a car wash?$5.00$6.00$7.00$8.00 Business EconomicsECONOMICS, 312
