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If we want more profit, why don't we simply raise the price? Would you skip going to Disneyland if admission price increased by $10? Apple
If we want more profit, why don't we simply raise the price?
Would you skip going to Disneyland if admission price increased by $10?
Apple found out that they won't lose much in sales even if they increased the price of their iPhones, but Netlix had a very different experience a few years back when they lost a substantial number of subscribers after their price increase. Why the difference?
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