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Evaluate the social issues in your community as well as the economic culture that is influencing this type of pricing competition. Develop and describe a

  • Evaluate the social issues in your community as well as the economic culture that is influencing this type of pricing competition.
  • Develop and describe a microeconomic model that is responsive to the service demands of your market.
  • Based on your conclusions, how would you react to this situation and with what business strategy would you approach this?
  • How might you apply game theory to the creation of your strategy?

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