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Question 1: How can TV networks use revenue management? Question 2: The pre-Christmas demand for Christmas cards at a local Hallmark stores is given by
Question 1: How can TV networks use revenue management?
Question 2: The pre-Christmas demand for Christmas cards at a local Hallmark stores is given by q = 2000 - 300p. The demand for Christmas cards after Christmas is given by q = 1000 - 400p. If the store pays $1 per card, how can they maximize profits from Christmas cards? Assume they want all inventory sold.
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