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er the following questions: Part I What is your proposed price strategy for the upcoming period (which could be the upcoming month, season, or year,

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er the following questions: Part I What is your proposed price strategy for the upcoming period (which could be the upcoming month, season, or year, depending on what periods you chose)? Be specific about whether the price your company will charge should increase, decrease, or stay the same and why. Your answer should be based primarily on the concept and your calculations of the price elasticity of demand and its relationship to the total revenue from sales. (20 points) Hint 1: To answer the above question, you might find it help

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