What is the combined revenue if we start with price 34

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Question: Dynamic pricing without cannibalization: If demand is price-sensitive with D(p) = 3000 - 23p, and we assume we can set two price points, what is the combined revenue if we start with price 34 and then switch to price 19, assuming customers are not strategically waiting for the lower price (no cannibalization of demand) (see page 3 of the packet)

Reference no: EM133298815

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