Determine the market potential for a product that has 8
Determine the market potential for a product that has 8 million prospective buyers who purchase an average of 2 per year and price averages $50. Hint: Q = n × q × p
Now Priced at $20 (50% Discount)
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a pharmaceutical company decides to increse the price of a brand name drug by 30 if the price elasticity is 7 what
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determine the market potential for a product that has 8 million prospective buyers who purchase an average of 2 per
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