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A company knows from a market analysis that a price increase of 1% will reduce the current demand by 0.8%. What change in sales does
A company knows from a market analysis that a price increase of 1% will reduce the current demand by 0.8%. What change in sales does the company expect if they increase the price by 10%.?
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Global Strategy
Authors: Mike W. Peng
5th Edition
0357512367, 978-0357512364
