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Suppose that there is a decrease in the demand for push lawn mowers as people switch over to ride-on mowers and the competitive price of
Suppose that there is a decrease in the demand for push lawn mowers as people switch over to ride-on mowers and the competitive price of push lawn mowers falls to $145 per unit. What is the effect on the contributionmargin (i.e., per unit contribution) of each company? How would this affect the short run output decision of each company? Explainclearly
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