An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the

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An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the normal price is $10, what should the promotional price be?

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Managerial Economics A Problem Solving Approach

ISBN: 978-1305259331

4th edition

Authors: Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

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Question Posted: Oct 07, 2016 11:45 AM

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An end-of-aisle price promotions changes the price elasticity of a good from -2 to -3. If the normal price is $10, what should the promotional price be?
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An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the

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The promotion has made consumers more price sensitive and has made demand more ...View the full answer

Managerial Economics A Problem Solving Approach

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