What is the minimum sales price for steel blades

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Question 1: From Leeds' perspective, what is the minimum sales price for steel blades after it starts selling composite blades (assuming that it does)? For this problem, assume that composite blades are sold for £6 each. (20 points)

Question 2: After composite blades become widely available in the market, estimate what you think the equilibrium price of a composite blade will be? Use the cost estimates for Leeds to inform your analysis

Attachment:- leeds.zip

Reference no: EM132481443

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