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Headed for a recession

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Reference no: EM132126091

Suppose that the Wall Street Journal reports that we are headed for a recession. You are the manager of a firm that produces Starcho Lunch. Your marketing research people tell you that the demand for your product is given as Q = 500,000 - 50,000P - 10M. Is this recession bad news for your company? Why or why not?

Reference no: EM132126091

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