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4. Suppose initial price remained at $50, but price was gradually decreased to $30 over the next 36 quarters. What impact would this have on
4. Suppose initial price remained at $50, but price was gradually decreased to $30 over the next 36 quarters. What impact would this have on sales patterns? Do peak sales occur earlier or later? Is the decline in sales by quarter after the peak steeper or flatter? Is the S-shape of the cumulative sales curve more pronounced or less pronounced? Taken together, what does this say about the impact of decreasing price over time on sales patterns
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