Question: question 1 - In a multi-product company, if they decide to discontinue some products how would they decide which products to drop? Explain using an

question 1 - In a multi-product company, if they decide to discontinue some products how would they decide which products to drop? Explain using an appropriate model.

question 2 - Explain a situation when a price rise will NOT result in an increase in revenue? Under which situation a price rise will result in an increase in revenue? Provide an example in each of the cases.

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