Question: [Related to Solved Problem 6.3 on page 231] Briefly explain whether you agree with Manager 2s reasoning: Manager 1: The only way we can increase

[Related to Solved Problem 6.3 on page 231] Briefly explain whether you agree with Manager 2’s reasoning:

Manager 1: “The only way we can increase the revenue we receive from selling our frozen pizzas is by cutting the price.”

Manager 2: “Cutting the price of a product never increases the amount of revenue you receive.

If we want to increase revenue, we have to increase price.”

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