10-4. Yield or Revenue Management 2 Suppose your elasticity of demand for your parking lot spaces is...

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10-4. Yield or Revenue Management 2 Suppose your elasticity of demand for your parking lot spaces is –0.5, and price is $20/day.

If your MC is zero, and your capacity at 9 A.M. is 96% full over the last month, are you optimizing?

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Managerial Economics A Problem Solving Approach

ISBN: 9780324359817

1st Edition

Authors: Luke M. Froeb, Brian T. McCann

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Question Posted: Oct 09, 2024 12:00 AM

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10-4. Yield or Revenue Management 2 Suppose your elasticity of demand for your parking lot spaces is...

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Managerial Economics A Problem Solving Approach

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