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Business, 04.07.2019 12:40 290000992

Big winner is debating decreasing the price of its rooms to $175 per night. under the initial demand conditions, you can see that this would cause its total revenue to decrease . decreasing the price will always have this effect on revenue when big winner is operating on theelastic portion of its demand curve.

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Big winner is debating decreasing the price of its rooms to $175 per night. under the initial demand...
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