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Business, 21.06.2019 16:30
Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from โ2 to โ3 (i.e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?
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A capital budgeting method that takes into consideration the time value of money is the cash payback...
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