The store wishes to establish a pricing policy to maximize revenue from the products. A...
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Accounting
The store wishes to establish a pricing policy to maximize revenue from the products. A study of price and sales data shows the following relationships between the quantity sold (N) and prices (P) of each model: NA = 20 0.62PA + 0.30PB NB = 29 + 0.10PA 0.60PB
Construct a model for the total revenue and implement it on a spreadsheet.
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