Elucidate value of money and compute optimal pricing scheme

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Reference no: EM1354220

Suppose that technopolies are willing to pay $400 now for the latest iphone, but only $300 if they have a year. Normal people are willing to pay $250, and their desire to purchase does not vary with time. Ignore the time value of money and compute the optimal pricing scheme of the iphone, Suppose that there are equal numbers of each customer type, and that the MC of the iphone is $100.

Reference no: EM1354220


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