Question
Old Product is sold at $31 and Reduced Product is less functional than Old Product, to the point that it delivers $8 less value to
Old Product is sold at $31 and Reduced Product is less functional than Old Product, to the point that it delivers $8 less value to customers than Old Product. Reduced Product costs $12 to make.
What is the exchange value of Reduced Product?
What range would you suggest to executives for pricing Reduced Product?
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Financial Management Of Health Care Organizations
Authors: William N. Zelman, Michael J. McCue, Noah D. Glick, Marci S. Thomas
5th Edition
1119553849, 9781119553847
