Question: How is ? (alpha)derived in this question. There isn't any previous part. This isthe full example shown in my lecture note, but answer is not
How is ? (alpha)derived in this question. There isn't any previous part. This isthe full example shown in my lecture note, but answer is not given.But my professor said ? (alpha) could be solved? Optimal pricing with cannibalization There exists cannibalization fraction - the fraction of higher-willingness-to-pay customers who find a way to buy at the lower price \[ \begin{array}{c} d_{1}\left 1 answer
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