If my price for a product is at least $3 higher than the competitors price, we sell
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If my price for a product is at least $3 higher than the competitor’s price, we sell 500 units. If my price is at least $3 lower than the competitor’s price we sell 1,500 units. Otherwise, we sell 1,000 units. Assuming all prices are integers between $1 and $10 inclusively, write formulas that compute our unit sales for all possible price combinations.
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Let P be our price and C be the competitors price If our price is at ...View the full answer
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Related Book For
Microsoft Excel Data Analysis And Business Modeling
ISBN: 9780137613663
7th Edition
Authors: Wayne Winston
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