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2. Assuming firm A has sufficient raisin production capacity to meet all raisin demand, write down firm A's REVENUE as a function of the raisin
2. Assuming firm A has sufficient raisin production capacity to meet all raisin demand, write down firm A's REVENUE as a function of the raisin retail price. If firm A wants to know the risk in his revenue (for example, the standard deviation of the revenue), please describe how to use simulation measure the risk
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Managerial economics
Authors: william f. samuelson stephen g. marks
7th edition
9781118214183, 1118041585, 1118214188, 978-1118041581
