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For this discussion, you are one of the managers in your company, and in the next business meeting, you will be discussing with other managers
For this discussion, you are one of the managers in your company, and in the next business meeting, you will be discussing with other managers and the company's CEO what should be the pricing strategy and expected revenue for the sale of your company's product or service. [If you work, then you can use your company or just pick or make-up a company and a product or service.] Now, consider the 4 seasons of the year. Given your company, its product or service, and your knowledge of elasticity of demand, you will need to determine what the elasticity value would most likely be, the economically appropriate pricing strategy, and the expected change in total revenue for each of the seasons
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