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C) Given the current economic climate (Le., inflationary pressure) along with prices being elastic, what steps should management take to increase profitability and sales of
C) Given the current economic climate (Le., inflationary pressure) along with prices being elastic, what steps should management take to increase profitability and sales of its products assuming 80 percent capacity utilization? Specifically, you need to address how management will increase sales and profitability given the aforementioned factors, (15 pts)
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