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Assume that you are employed as an analyst at a pharmacy company that has hired a consulting firm to estimate the demand for a medicine
Assume that you are employed as an analyst at a pharmacy company that has hired a consulting firm to estimate the demand for a medicine for high blood pressure that the company has in its range (see below). It is now your job to explain to the manager what the demand is for the product, and how sensitive the demand is to changes in price and income. Do not forget to also explain how reliable the result is, as well as what data the consulting company has used.
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