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1 - Sales data for a business shows the following sales associated with their prices. Find and write the linear demand function, and draw the
Sales data for a business shows the following sales associated with their prices. Find and
write the linear demand function, and draw the demandprice graph.
A new car manufacturer has chosen a skimming pricing strategy for their product. They
aim to sell their cars to potential customers over six years. However, due to
competition, the price cannot exceed $ Use Solver Evolutionary option to
determine the annual pricing that maximizes revenue. What is the optimal initial and last
price? Calculate the total number of cars sold with this strategy over six years and
calculate the resulting profit."
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