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Opening: Provide an overview of the memo itself to inform the reader what the outline will encompass. o Calculate the profit-maximizing price for the service.
Opening: Provide an overview of the memo itself to inform the reader what the
outline will encompass.
o
Calculate the profit-maximizing price for the service. Use the file named "Epix":
ECON 723 MEMO 4 EPIX.XLSX
Download ECON 723 MEMO 4
EPIX.XLSX
Compare and contrast whether the company will increase profits with the new
service.
o
Conclude with a recommendation of the profit-maximizing price, and how much
of the profits will increase if the company adjusts prices to the recommended
level. Also, note whether this will impact the company's revenue.
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