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Break down how price affects both supply and demand. Explain how to use linear interpolation to make optimal pricing decisions. Identify different types of price
- Break down how price affects both supply and demand.
- Explain how to use linear interpolation to make optimal pricing decisions.
- Identify different types of price discrimination.
- Give examples of inelastic pricing.
- Predict the effect higher margins for your products would have on your competitors.
- Compare the value of a unit of price to a unit of volume
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