Question: ' Based on your preferred estimated demand. what is the profit maximizing price you would recommend? {Hint.' this is a firm with some pricing power:

' Based on your preferred estimated demand. what is the profit maximizing price you would recommend? {Hint.' this is a firm with some pricing power: foliow the optimal pricing approach for such a situation using your estimated demand]. You should show your calculations used to determine this in the appendix {along with other calculations regarding revenue and profits to address the remaining items below]

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